Today the partnership will submit the plan for development and operation to the Minister of Petroleum and Energy, in addition to awarding contracts for subsea facilities and upgrading of the Grane platform.
The expected production from the field is about 200 million barrels, investments totalling about
'The Breidablikk field is one of the largest undeveloped oil discoveries on the Norwegian continental shelf (NCS). Field development will create substantial value for the Norwegian society and the owners. We are also pleased to award two key contracts today at a total value of
The development concept chosen for the Breidablikk field is subsea development with 23 oil producing wells from four subsea templates that are controlled from Grane. Breidablikk will be tied in to the Grane platform for oil processing prior to being brought ashore at the Sture terminal. The production from Grane will be monitored with advanced digital tools from
'I am pleased that we together with our partners have matured the Breidablikk field to development. Breidablikk shows how the industry's combined competencies create high value and returns from a world-class infrastructure on the NCS,' says
'Breidablikk will contribute significantly to maintaining profitable production in one of our core areas on the NCS,' Nylund adds.
The Breidablikk development will include a control cable system for electricity and communication (DC/FO). This is a relatively new technology that can reduce the costs associated with further development of the field, in addition to facilitating the use of docking stations for subsea drones on the seabed. The phase-in of Breidablikk will reduce the CO2 intensity on the Grane field.
Securing jobs in the supply industry
The contract for subsea production facilities is awarded to
Wood, the maintenance and modification supplier for Grane, has performed studies for the Breidablikk project, and an option for engineering, procurement, construction and installation (EPCI) will now be exercised for the company. The work scope includes equipment installation on the Grane platform in order to receive oil from the Breidablikk subsea facility. Existing processing equipment and water purification system on the platform will be upgraded. With an estimated value of about
Earlier this year
All contracts have not been awarded, however about 70% of the value creation in the development phase is expected to go to Norwegian companies. The contracts are subject to government approval of the plan for development and operation.
Oil will be transported through the Grane oil pipeline to the Sture terminal in Oygarden municipality for storage and shipping. The field will be operated from
First oil from the field is scheduled for the first half of 2024.
Partners:
Time: Monday 28. September at 09.00-10.00
Place: Equinor Business centre, Forusbeen 50, 4033 Stavanger
Executive vice presidents in
Contact:
Tel: +47 91801791
Email: bgp@equinor.com
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