The overall size of the oil and gas discovery has now ballooned to between 80 million and 200 million barrels of oil equivalent after the latest Bue find last month that unearthed up to 25 million boe, according to VNG managing director Atle Sonesen.
The German operator has previously stated that it was looking at a resource threshold of around 200 million boe for a possible standalone solution entailing a new floating production, storage and offloading vessel to develop the discovery – the largest off Norway so far this year.
Alternative
