Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Statoil has announced the ambition to extend the life of the Norne field to 2030

9/01/2015 by Sharon Shahzad

W1siziisijiwmtuvmdevmdkvmtuvmdivmzmvmjyxl25vcm5lms5qcgcixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0

Statoil has announced the ambition to extend the life of the Norne field to 2030, despite it being initially scheduled to shut down during 2014.

The Norne field came on stream on 6 November 1997, and the initial development plans called for the field to be shut down during 2014. But the Norne adventure is far from over.

“Thanks to systematic maintenance of Norne for 17 years the vessel is now in a good technical condition. We have also aimed to facilitate improved recovery and phase-in of new discoveries to the Norne vessel. In light of this we are now considering extending Norne’s life to 2030,”says Norne operations vice president Kristin Westvik.

So far Norne and its satellites have produced some 700 million barrels of oil equivalent, and have added considerable values for Statoil, partners Eni, Petoro, Dong, and for northern Norway. The recovery factor for the main Norne field today is 56.5% – a top result worldwide for production from subsea fields.

Norne has also developed into a flexible and good area solution. The best proof of this is located on the seabed in the areas around Norne. The field came on stream in 1997 from five subsea templates.

Today production flows from a full fifteen subsea templates thanks to several successful exploration campaigns controlled from Statoil’s exploration community in Harstad. In the Norne licence alone 26 exploration wells have been drilled, including five successes; the Norne, Stær, Svale, Dompap and Fossekall fields.

The last subsea template to be installed was the Skuld fast-track project in 2013, which represented a total investment of almost NOK 10 billion. In addition the Alve field and the Eni-operated Marulk field have been tied in to the Norne FPSO.

“We now aim to increase the recovery factor to 60%. The remaining resources in the Norne area may total as much as 300 million barrels of oil equivalent—the equivalent of an Aasta Hansteen field,”Westvik says.

This article has been extracted from http://subseaworldnews.com, please click on this link to read the article in full http://subseaworldnews.com/2015/01/09/statoil-plans-norne-life-extension/

Montash is a multi-award winning global technology recruitment business. Specialising in permanent and contract positions across mid-senior appointments across a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Energy Technology, Demand IT and Business Engagement, Digital and E-commerce, Leadership Talent, Infrastructure and Service Delivery, Project and Programme Delivery.

Montash is headquartered in Old Street, London, in the heart of the technology hub. Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid management in permanent and contract roles.

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtcvmdgvmtqvmtmvmjcvmjgvnja2l2nsb3rozxmuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

In Her Shoes... From Market Stall to Recruitment

2017-08-14 14:00:00 +0100

From the melee of the market stall to placing candidates in high-flying IT roles, life's always on the up from market-trader-turned-recruiter, Lois Hinken (22). She took the time to talk to us about how her experience in the cut throat world of the market has helped her in the world of global talent acquisition. As a 360 recruitment consultant for Montash, her negotiation skills and "go get it" attitude have helped her thrive. "I started working on the ...

W1siziisijiwmtcvmdgvmdcvmtmvmtcvntqvnze3l1vudgl0bgvkigrlc2lnbiaomikuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

Will AI Cost Us Our Humanity?

2017-08-07 15:00:00 +0100

As technology evolves, artificial intelligence is becoming increasingly mainstream, and it will inevitably start to impact the way we interact. On the one hand, AI has the potential to solve a variety of problems and streamline our lives and our work. But will this come at the cost of the all-important human touch? A foreshadowing statistic claims that by 2020, 85% of client interactions will be managed without a human[1]. But can there really be an alg...