Norway’s energy significant Equinor today formally resumed the Njord gas field in the Norwegian Sea, intending to more than double the field’s production and raise Norwegian gas exports to Europe.
The Njord field, which began production in 1997, was initially prepared to produce till 2013. However methodical deal with increased healing suggests that there are still big volumes of oil and gas left. New discoveries in the location can likewise be produced and exported by means of Njord, Equinor stated in a declaration
In 2016, the platform and the drifting storage and unloading vessel (FSO) were detached to go through comprehensive upgrades. The field is now all set to produce oil and gas for the next twenty years.
Equinor now prepares to drill brand-new wells on Njord from an updated drilling center and to perform more expedition near the field.
” With the costs we expect in the coming years this detailed updating task will be paid back in simply under 2 years after start-up,” stated Grete B. Haaland, Equinor’s senior vice president for expedition and production north.
The oil produced at the field is piped to the Njord Bravo FSO and onwards by tankers to the marketplace. Gas from the field is exported through a 40-kilometer pipeline linked to the à sgard transportation system (à TS) and from there to the Kårstø terminal.
Talking about the resumption of production at the field, Terje Aasland, Norway’s Minister of Petroleum and Energy, stated,
” With the war in Ukraine, the export of Norwegian oil and gas to Europe has actually never ever been more vital than now. Resuming Njord adds to Norway staying a steady provider of gas to Europe for several years to come.”
Equinor is now the single most significant supplier of gas to Europe after Russia’s Gazprom cut off the majority of its supply to the EU after the Russian intrusion of Ukraine early in 2015.
By Tom Kool for Oilprice.com
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