Go-ahead for $1.9 billion investments in Duva-Gjoa and Solveig

摘要

THE starting gun has been fired on investments totalling Nkrl6.5 billion ($1.9 billion) for the Duva-Gjoa P1 and Solveig field tie-back projects off Norway after they were approved by the authorities, with a further Nkr6 billion plan for Tor 2 set to land on the oil ministry's desk shortly. UK-based Neptune Energy intends to develop the Duva and P1 discoveries as subsea tie-backs to its nearby operated Gjoa platform in the northern North Sea at a cost of NkrlO billion, with start-up scheduled for the first quarter of 2021.