Statoil starts subsea gas compression- boosting Gullfaks recovery

Statoil with partners Petoro and OMV have started the world´s first wet gas compression on the seabed of the North Sea Gullfaks field.The unique technology will increase recovery by 22 million barrels of oil equivalent (oe) and extend plateau production by around two years from the Gullfaks South Brent reservoir.“We are very proud that we have been able to complete such a demanding pioneering project with start-up ahead of the original plan,” says Margareth Øvrum, executive vice president for Technology, Projects & Drilling (TPD).