It is a revised plan for development and operation of the Njord field and a plan for development and operation of the new Bauge field that were submitted to Norwegian authorities today.

Capital expenditures for both fields total NOK 19.8 billion (Njord NOK 15.7 billion, and Bauge NOK 4.1 billion).

'The Njord and Bauge development projects bring new opportunities for the supply industry. Both the Njord A platform and the Njord Bravo floating storage and offloading vessel (FSO) will be upgraded. In addition, we will build new subsea facilities, drill new wells and perform extensive marine operations,' says Øvrum.

Further development of the Njord area, including upgrading of the Njord installations and development of the Bauge field, is important to the industry in Mid-Norway and further development of the Norwegian continental shelf.

'Njord remaining on stream until 2040 is important for our specialist communities in Kristiansund and Stjørdal, as well as Mid-Norway supply industry. An upgraded field centre and new infrastructure at Njord will facilitate the development also of other fields in the area,' says Siri Espedal Kindem, Statoil's senior vice president for operations North in Development and Production Norway.

The work performed on the Njord A platform at Kværner Stord will facilitate the tie-back of Bauge, as well as potential third-party tie-ins.

New subsea technology key to the Bauge development

The Bauge development will be the first user of the Cap-X technology, which is a next-generation subsea production system.

Statoil ASA published this content on 27 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 March 2017 08:34:16 UTC.

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