Offshore oil and gas production company, Lundin Petroleum, has today announced first oil from its Edvard Grieg field offshore Norway.
The Swedish based E&P company, who holds the offshore field’s operators licence, confirmed that platform was brought on stream on Saturday (28th Nov).
Edvard Grieg Offshore Oil
Discovered in 2007, the Edvard Grieg offshore oil field, sits approximately 112 miles (180 km) off the coast of Stavanger, Norway, with estimated reserves of at least 187 million barrels of oil equivalents.
The fact that Lundin managed to produce first oil in November, means the field was brought on-stream on both time and budget.
The fields oil produce will be transported via the Grane oil subsea pipeline to the Norwegian Sture oil terminal, whilst the gas produce will be transported via the subsea SAGE transport system to the St. Fergus gas refinery in Scotland.
Speaking at todays announcement, Lundin Petroleum CEO, Alex Schneiter, said: “I am extremely proud that we have delivered first oil from Edvard Grieg on schedule and on budget. This is a remarkable achievement by our Norwegian project team, our contractors and subcontractors that was made possible by the excellent support received from our partners and the government in Norway.
I am particularly thankful to and proud of the people who discovered, executed the development of and are now operating the Edvard Grieg field in an exemplary way”, says Alex Schneiter.
Edvard Grieg Platform Construction
The Edvard Grieg Platform was built across Europe, with the initial design and engineering being conducted in both Oslo, and Mumbai India.
The Norwegian fabrication work included the steel jacket from Kaverner’s Verdal yard, the Utility modules from Kvaerner’s Stord yard, the process modules from Aker’s Egersund yard and the living quarters from Apply’s yard in Leirvik.
The Edvard Grieg Platform’s flare boom and other modules were fabricated in Poland, at Gdynia and Gdansk respectively.
In total, the platform weighs 35,500 tonnes, at a cost of around NOK 25 billion (US$2.9 billion)
Offshore Production Drilling
Lundin confirmed that further offshore drilling will continue shortly, to install a total of ten oil and gas production wells and four water injection wells. The work will be carried out by the Rowan Viking jackup drilling rig.
The Edvard Grieg field is a joint venture between Lundin Petroleum (operator) 50%; OMV Norge 20%; Statoil 15%; and Wintershall Norge 15%.