Norway Still Expects Delayed Output Start at Giant N.Sea Field
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)
WHAT DO YOU THINK?
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.
- Tight Oil, Shale to Drive Majors' Output to New Highs (Oct 16)
- Shell, Equinor Commit to Tanzania LNG as They Await Host Accord (Oct 16)
- Norwegian Sea Gift Keeps on Giving (Oct 05)