BP Says Norwegian Valhall Field to Remain Offline for Weeks

According to Dow Jones Newswires, BP confirmed that its Valhall oil field will remain offline for weeks after being shut-in April 2 for inspection and maintenance on the field's pipelines.

The outage was planned to address microbacterial-related corrosion of hundreds of meters of pipelines, reported BP's spokesman Jan Erik Geirmo, who noted that the field's restart was "a question of weeks."

Located in 70 meters of water in the Norwegian sector of the North Sea, the BP-operated Valhall field pumps around 500,000 barrels of oil per day and is connected via a subsea pipeline to the Ekofisk field. BP expects the field to produce until 2050.

In addition to BP, Enterprise Oil Norge and Hess Norge both retain a 28.09% stake in the Valhall field, with the remaining 15.72% interest held by Total S.A.