Statoil lands on Skrugard solution

Concept: for Skrugard-Havis

STATOIL

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Steve Marshall

 12 February 2013 11:58 GMT

Statoil has unveiled its development concept for the Skrugard and Havis discoveries in the Barents Sea that will involve a floating production unit with pipeline to an onshore processing terminal.

The Norwegian operator intends to carry out a joint development of the finds, with combined recoverable oil resources of 400 million to 600 million barrels, using a subsea system tied into a semi-submersible platform.

Oil will be exported to shore via a 280-kilometre pipeline to the proposed terminal at Veidnes, near Norway’s northernmost town of Honningsvaag, where it will be stored in mountain caverns before being transported by tanker.

“This concept choice will facilitate further exploration and help make any future discoveries profitable," said Statoil’s head of development and production Norway, Oystein Michelsen.

He believes…

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