Preliminary plans indicate investments of Nkr13 billion ($2.3 billion) and a start-up in late 2012.
BG Group and its partners in production licence 373S — Idemitsu, Wintershall and RWE Dea — aim to decide on a development concept for the 100 million-barrel North Sea oilfield before the end of the year.
The front-running option is a floating production, storage and offloading unit.
