Development of Edvard Grieg oil, gas field off Norway gets PDO nod
Lundin Petroleum AB unit Lundin Norway AS has received final approval for the plan for development and operation (PDO) for Edvard Grieg oil and gas field offshore Norway from the Norwegian Parliament. The Norwegian Ministry of Petroleum and Energy concurred with the field development plan in April.
Edvard Grieg field was previously called Luno (OGJ Online, May 3, 2012).
The Edvard Grieg is the first stand-alone development project operated by Lundin Petroleum on the Norwegian Continental Shelf. First production from Edvard Grieg field in PL338 is expected in late-2015 with a forecast gross peak production of 90,000 b/d of oil and 1.5 million standard cu m/day of gas.
The capital cost of the Edvard Grieg development including platform, pipelines, and production wells is estimated at $4 billion. The Edvard Grieg platform design capacity will accommodate in excess of 130,000 bo/d and 4 million standard cu m/day of gas when production from DNO ASA-operated Draupne field is combined with that from Edvard Grieg (OGJ Online, Mar. 5, 2012).
Major contracts for the field—jacket, topside, drilling, and marine installation—have already been awarded subject to final PDO approval.
Lundin Petroleum is operator of Edvard Grieg with 50% working interest. Other partners are Wintershall Norge AS 30% and RWE Dea Norge AS 20%.
Steven Poruban | Managing Editor-News
Steven Poruban was hired as staff writer for Oil & Gas Journal in October 1998. Two years later, he was promoted to senior staff writer. In October 2004, he was then promoted to senior editor. He now serves as managing editor-news.
Before working for OGJ, Steven was a reporter for Gas Daily and editor of Gas Transportation Report. He attended Boston University then transferred to and graduated from Ursinus College in Collegeville, Pa., with a BA in English in 1993.