Templates ready to install at Statoil's Kristin field in the Norwegian Sea
Published:
11 May 2003 y., Sunday
Statoil ASA reported that the four subsea production templates that form part of its Kristin field development in the Norwegian Sea are ready for installation. The structures are expected to be positioned by the end of June; drilling of production wells is planned to commence July 1, Statoil said.
The templates have been fabricated at the Aker Kværner yard in Egersund, south of Stavanger.
Statoil plans to produce at Kristin through 12 subsea-completed wells tied back to a floating platform, with gas and condensate (light oil) due to start flowing in the summer of 2005, the company said. Total deliveries of lean gas are estimated at 35 billion cu m over the 2005-16 period.
The development of Kristin field is expected to cost a total 17 billion kroner. By yearend 2005, Statoil expects to be operating 270 subsea wells following the start-up of Kristin and other current developments, it said.
Šaltinis:
scandinavianews.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
According to Spain's Minister of Industry, Tourism and Trade, Miguel Sebastián, currently chairing an Informal Energy Council today in Seville, the key to achieving a common EU energy market is to establish interconnections.
more »
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), announced today that the Fund will provide US$100 million very rapidly in emergency financing to Haiti to assist it in dealing with the aftermath of the massive and devastating earthquake that has hit the country.
more »
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), issued the following statement on Jamaica today.
more »
The Government of the Republic of Korea and the International Monetary Fund (IMF) announced today that they will jointly host a high-level international conference on Asia in Seoul, South Korea, during July 12-13, 2010.
more »
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), will travel to Tokyo and Hong Kong SAR, January 18−20, 2010.
more »
After lots were drawn, ten winners of Danske Bankas scholarships and one winner of an iPod shuffle player were established.
more »
The Meeting is convened on the initiative and by the resolution of the Management Board of the Bank.
more »
Today, Thursday, on the second and last day of their informal meeting in La Granja (Segovia), the ministers responsible for European Affairs will study the challenge of how to boost reflation through sustainable growth that generates new employment.
more »
How well-equipped are European companies to meet the challenges of global competition and the recent recession? The 2009 European Company Survey provides some clues.
more »
The European Commission decided today not to raise any objections to Finland's plan to support infrastructure investments in Vaasa regional airport.
more »