Trestakk approved

摘要

Norwegian authorities have approved the Plan for Development and Operation (PDO) of the Trestakk discovery on the Halten Bank in the Norwegian Sea. Investments are calculated at NOK 5.5 billion (approx. 580 million Euro), almost half of the original es-timate. Trestakk was discovered in 1986, and ex-pected recoverable volumes are 76 million boe, mainly oil. Tied into the Asgard A production vessel, Trestakk is expected to come on stream in 2019.