Operator
The first steel for Hod B was cut in
'Production start-up from Hod B less than two years after, is great news! It demonstrates how the temporary tax changes, matured in the spring of 2020 when the industry was paralyzed by a pandemic and a sharp fall in oil prices, has had a real impact.
'There are many who can celebrate the start of profitable production with almost zero CO2 emissions from the Hod field. Through projects like Hod B, we are creating value both for the company, partners, alliance partners, owners and the Norwegian society at large. We are also contributing to sustain a world-leading supplier industry in
Five unified alliances
In line with the rapid sanctioning of Hod B, the project has been both safely and efficiently delivered through a demanding period: 14 months after the first steel was cut in Verdal, the platform was installed offshore - in accordance with the plan.
In the period leading up to production start-up, Subsea7 has conducted several subsea campaigns in the Hod project, such as installation and connection of the gas lift pipelines, production flowlines and umbilicals. The Maersk Invincible jack up rig has drilled six production wells, and modification work has been carried out at the Valhall field centre.
A total of five alliances have contributed to the Hod project. The alliances have been integrated from start to finish in the project and by doing this,
Strengthening the future of Valhall
Hod B is a normally unmanned wellhead platform, remotely operated from the Valhall field centre. Production from the Hod field will have close to zero CO2 emissions thanks to power from shore.
'We continue to increase value creation from the giant Valhall through new projects and a major ongoing modernisation of the area. Hod is an important contribution towards achieving the Valhall ambition of producing a total of two billion barrels from the area,' says Valhall Asset Manager
Contact:
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