DET Norske Oljeselskap intends to decommission its Jette field off Norway later this year after only three years of production, with the ExxonMobil-operated Jotun B host platform also set to be scrapped.
The Norwegian operator, led by chief executive Karl Johnny Hersvik, has been forced to pull the plug on the North Sea field, developed as a two-well subsea tieback to Jotun B at an estimated cost of Nkr2.5
