Norway Still Expects Delayed Output Start at Giant N.Sea Field

Reuters

STAVANGER, Norway, Jan 14 (Reuters) – The Norwegian Petroleum Directorate continues to expect output at the Johan Sverdrup oilfield in the North Sea, Norway's most important industrial project, to begin later than Statoil expects it to, the head of the agency said on Thursday.

"We have a small disagreement with the operator on this because we have pushed it a little further in time than what the development plan says," Bente Nyland told Reuters.

"This is because it is such a complex development that we believe it will be a little delayed compared to what the operator expects. But this is not worrisome."

"We think Sverdrup will come into production around 2020, for phase 1, while phase 2 will start around 2022," she said.

In April the NPD said it expected Sverdrup to begin production in mid-2020. Statoil has said it expects phase 1 to start in the fourth quarter of 2019 and phase 2 to start in 2022.

(Reporting by Stine Jacobsen, writing by Gwladys Fouche, editing by Terje Solsvik)

 

Copyright 2016 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Plant Foreman - Calumet, OK
Expertise: Facilities Management|Heavy Machinery Operator|Maintenance Technician
Location: Calumet, OK
 
Facility Op - Erath, LA
Expertise: Facilities Management|Heavy Machinery Operator
Location: Erath, LA
 
United States El Reno: Service Operator I - Service Tools
Expertise: Production Operator
Location: El Reno, OK
 
search for more jobs

Brent Crude Oil : $53/BBL 1.72%
Light Crude Oil : $49.77/BBL 2.27%
Natural Gas : $3.6/MMBtu 1.09%
Updated in last 24 hours