Operations are in full swing for the upgrade of Statoil’s Njord field.
An impressive, complicated and demanding operation was performed this weekend at Kværner’s shipyard at Stord when the grounded A-platform was moved out of dry dock and added to the dock.
Norway has approved Statoil’s development plans for the Njord and Bauge fields.
The Njord A platform and the Njord Bravo floating storage and offloading vessel (FSO) are beinge upgraded to help recover more resources from the Njord and Hyme fields.
Njord and Hyme are thought to hold another 175 million barrels of oil equivalent.
Bauge is a new field development which will be tied into Njord A.
The original development plans for Njord were submitted more than 20 years ago.
The field will now produce for another two decades.
Kværner’s base at Stord has been awarded the contract for upgrading Njord A.
The contract for upgrading the Njord Bravo FSO will be handed out next year. First oil is scheduled for the end of 2020.
Faroe Petroleum holds 7.5% interests in both Njord and Bauge.
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