The Norwegian goverment has approved the NOK 8.7 billion ($169-million) development of StatoilHydro, Eni and Total's Morvin field in the Norwegian Sea.
The "high-pressure, high-temperature" field will use some of the same area export pipeline as the Kristin field to the south and the Åsgard field to the southeast.
Two well templates on the seabed will tie back to and boost the tail-end production of the Åsgard B field. The project is operator StatoilHydro's first new development since the Statoil-Hydro merger.
Technology developed for the high-pressure Kristin field will be used at Morvin, which will produce 47 million barrrels of oil and 3.3 Bcm of associated gas, starting in 2010.
Tags:
Eni Norge AS,
StatoilHydro,
Total
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