Portfolio

Portfolio

Our oil and gas business in Norway is focused on exploring, producing, distributing and trading oil and gas. We are a partner in producing fields across the shelf, and we actively participate in and operate exploration and development activities.

Our activity is currently mainly in the Norwegian sea and we produce about 40,000 BOE per day from the fields where we are a partner, with a 93% gas ratio. We currently have production from 4 non-operated fields:

  • - Ormen Lange (14.0208%)
  • - Alve-Marulk (15%/30%)
  • - Gyda (34%)


We also have Equity in the Nyhamna Terminal (8%) as well as 19 exploration licenses, of which 6 are operated.

A major part of our production comes from the Ormen Lange gas field in the Norwegian Sea, of which we own a 14% share.

Facilities:
4 subsea templates tied-back to Nyhamna (130 km), 19 wells

Ormen Lange.png
Courtesy of Shell
 

Our other producing assets include the Alve and Marulk gas fields in the Norwegian Sea, which are produced via the Norne FPSO.

Facilities:
Alve: Subsea template tied-back to Norne FPSO, 2 wells
Marulk: Subsea template tied-back to Norne FPSO, 2 wells

Picture1.png
Courtesy of Equinor
 

The Gyda field is in the South East of the North Sea.

Facilities:
Steel platform, drilling and production facilities, living quarter, 32 wells

Picture2.png
Courtesy of Repsol
 

Nyhamna is one of Northern Europe’s largest gas processing plants.

Nyhamna picture.jpg