Investments for the Ekofisk South and Eldfisk 2 projects are estimated at between Nkr60 billion ($10.3 billion) and Nkr75 billion, according to preliminary plans handed in to the Norwegian government last week.
On top of that comes Nkr10 billion for a new accommodation platform at Ekofisk, plus a future development of the nearby Tommeliten Alpha discovery, also operated by ConocoPhillips.
Ekofisk came on stream in 1971 and is Norway’s oldest and largest oilfield with remaining reserves of about 750 million barrels of oil.
The
