World’s Most Northern Offshore Arctic Field Nearing First Oil

Published at 02:24PM - 21/08/15

The ENI operated Goliat Field is expected to finally see its first oil within weeks, after being plagued by years of delays.

The field, located in Norway’s Arctic waters, around 53 miles (85 km) west of Hammerfest, was originally discovered back in 2000 by Italian major ENI.

Since then there have been many setbacks for the project, mainly due to delays in construction at South Korea’s Hyundai Heavy Industries ship yard, with the projects first production start date at the end of 2013 well and truly missed.

Concerns about Hyundai were being raised as far back as 2013, to the lack of knowledge and willingness by the yard to adhere to the strict Norwegian standards during construction. Concerns to the lack of understanding of the realities of building an FPSO fit for personnel to work in the harsh climatic conditions of Norway’s Arctic waters were also raised.

However, after a later delivery date in 2014 was also missed, the Goliat FPSO was finally delivered to Hammerfest, Norway in April 2015 by the DockWise Vanguard heavy lift semisubmersible ship, before being towed to field in May.

 

Since arriving in field, the cylindrical hash condition FPSO has been been connected to its shore based power supply via subsea cable- the longest of its type in the world, and 11 risers with more on the way.

With recoverable reserves of 28 million Sm3 /174 million barrels of oil and 8 billion Sm3 of natural gas, production is set to be around 5.4 million Sm³ a year of oil, dropping to 1.7 million Sm³ a year after year two.  Gas production os set to be around 1300 million Sm³ a year

The Goliat FPSO is the largest cylindrical FPSO in the world.  It is also the world’s most northern offshore oil field.

The Goliat field is a joint venture between operators ENI 65% and Norway’s Statoil 35%.