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Equinor files plan for further development of North Sea field Norwegian oil and gas giant Equinor and its partners have submitted a plan for development and operation (PDO) for the Oseberg field in the northern part of the North Sea to the minister of petroleum and energy Marte Mjøs Persen. Equinor also revealed plans for investing NOK 10 billion (over $1.1 billion) in this development.
Equinor confirmed that the Oseberg area partners intend to reduce CO2 emissions from the Oseberg field centre and the Oseberg South platform while increasing Oseberg gas production. According to the amended PDO, Oseberg will be developed by being changed from primarily being an oil field to becoming a substantial gas producer with large remaining gas resources. The plan outlines that two new compressors will be installed to boost recoverable gas volumes and the Oseberg field centre and Oseberg
South platform will be partially electrified. Geir Tungesvik, Equinor’s senior vice president for project development, commented: “It is important to Equinor and the Oseberg partners to produce oil and gas with the lowest possible emission level. This investment decision allows us to increase the production of Oseberg gas considerably in the future while reducing CO2 emissions by an estimated 320,000 tonnes per year. During the project planning, we have received good support from and cooperated
closely with our partners. We are now entering the execution phase together with highly qualified suppliers.” The new plans call for the start-up of the new facility in 2026. Three big modules Equinor explained that the work to be carried out on the platforms is extensive as three big modules totalling 3,400 tonnes will be installed. Furthermore, the Oseberg field centre rebuilding is expected to take four years and give work to 70 people, while on Oseberg South, 40 people will be occupied for one year. These actions will
