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BP submits $5B Skarv plan for Norwegian nod

Published Jun 29, 2007

Skarv
illustration courtesy BP Norge

Supermajor BP has sent Norwegian officialdom its plan to develop the 30-billion-kroner ($5-billion) Skarv gas field using a “large production vessel”, subsea wells and an 80-kilometre, gas-export pipeline.

The trunkline will connect to the Åsgard Transport System and include throughput from the nearby Idun field for 80,000 barrels per day.

The Norwegian Parliament, the Storting, will have to approve the formal Plan for Development and Operation. The Storting has never said “No” to a PDO.

Skarv and Idun are 200 km offshore in the Norwegian Sea in water up to 400 metres deep.

The fields are said to hold 100 million barrels of crude and light oil, plus 48.3 billion cubic metres of rich gas, a statement said. Area satellite field are expected to be tied back to the floating production and storage vessel, the Skarv Idun FPSO.

BP with its 24 percent is joined at Skarv by Statoil (34 percent), Shell (28 percent), ExxonMobil (12 percent) and Hydro with 2 percent.

 

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BP submits $5B Skarv plan for Norwegian nod Jun 29, 2007
Supermajor BP has sent Norwegian officialdom its plan to develop the 30-billion-kroner ($5-billion)  Skarv gas field using a “large production vessel”, subsea wells and an 80-kilometre, gas-export pipeline.
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