The Norwegian government has authorized plans to expand the country’s second biggest gas field, Ormen Lange, as well as plans to develop the Frosk and Tommeliten A finds, according to the oil and energy ministry on Friday.

According to the government, the Ormen Lange phase 3 expansion would enhance gas output by up to 40 billion standard cubic metres (bcm), with a start-up date of 2025.

The field, controlled by Shell (SHEL.L) and situated in the Norwegian Sea, will enhance gas recovery from 75% to 85%, according to the government.

“This project helps to maintain the gas supply from Norway to our friends in Europe from the middle of this decade,” oil and energy minister Terje Aasland said in a statement.

Separately, the government authorized plans to exploit the North Sea petroleum finds Frosk and Tommeliten A.

ConocoPhillips (COP.N) operates Tommeliten A, which is partially situated on the British side of the North Sea and is co-owned by PGNiG (PGNIFN.UL), Totalenergies (TTEF.PA), and Vaar Energi (VAR.OL).

The expected recoverable reserves at Tommeliten A are anticipated to be about 21 million standard cubic metres (mcm) of oil equivalent, with somewhat more than three quarters of that being gas, according to the government.

It was also stated that manufacturing will begin in 2024.

AkerBP (AKRBP.OL) operates the Frosk find, which has recoverable reserves estimated at 1.51 million cubic meters of oil equivalent, the majority of which is oil. Vaar Energi is the other partner.

Production is set to begin in 2023.

Source: Reuters


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