Neptune Energy today confirmed its development plans for the Duva (PL636) and Gjøa P1 (PL153) projects in the North Sea have been approved by Norwegian authorities.
First production from the projects is expected in late 2020 with total recoverable resources estimated to be 120 million barrels of oil equivalent (boe) (maximum production is expected to be respectively 30,000 boe from Duva and 24,000 boe from Gjøa P1).
The fields will be developed through subsea tie-backs connecting two templates to the nearby Gjøa platform, operated by Neptune Energy Norge.
Neptune Energy Norge’s Managing Director Odin Estensen, said: “This is a significant milestone for our business and for the licence partners in Duva and Gjøa. With these plans approved, we remain on track for the successful execution of these important projects. Not only do these developments strengthen Gjøa’s position as a major hub in the northern North Sea, they demonstrate our ambitions to continue growing our business on the Norwegian Continental Shelf.”
The subsea tie-backs will be delivered by TechnipFMC utilising the Neptune Subsea Alliance Agreement, the drilling operations will be undertaken by Odfjell and topside modifications completed by Rosenberg Worley.
Erik Oppedal, Projects & Engineering Manager for Neptune Energy Norge added: “The approval of the plans allows us to start this summer with the first step in our parallel project execution– the subsea installation of the Duva template. Together with the ongoing installation activities for the Fenja development in the Norwegian Sea, this demonstrates the company’s ability to execute developments with pace and efficiency optimising resources and accelerating time to production”.