Repsol was granted consent to start production at its Yme oilfield in the North Sea, the Norwegian Petroleum Directorate said on Wednesday.
Yme is one of the first oilfields on the Norwegian shelf to be redeveloped after the field was shut down in 2001, when production was deemed unprofitable, NPD said.
Repsol and its partners, including Norwegian oil firm Okea , will use a jack-up drilling rig, Maersk Inspirer, as a production facility.
The 12 billion Norwegian crown ($1.35 billion) project aims to produce about 63 million barrels of oil.
Production startup is expected during the second half of 2021, after more than a year of delays, NPD added.
Recommended Reading
Petrobras Awards SLB Another Contract Offshore Brazil
2024-12-12 - Petrobras has awarded JV SLB OneSubsea a contract for raw water injection systems a day after Petrobras selected SLB to handle integrated services at its offshore fields.
Baker Hughes to Supply Petrobras' Presalt Fields with Flexible Pipe Systems
2024-10-28 - Baker Hughes said the systems will look to address the issue of corrosion cracking from CO2, which can arise as gas is reinjected into wells.
On The Market This Week (Jan. 6, 2025)
2025-01-10 - Here is a roundup of listings marketed by select E&Ps during the week of Jan. 6.
Atlas Energy’s Dune Express Makes First Proppant Delivery to NM
2025-01-13 - Atlas Energy Solutions’ 42-mile Dune Express fully electric conveyor system delivered its first commercial load of proppant sand from Texas to New Mexico on Jan. 12.
Integrating OCTG Management from Planning to Well
2024-12-10 - Tenaris’ Rig Direct provides improved collaboration and communication, and more uptime.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.