Statoil group cancels gas spur offshore Norway

Statoil ASA and partners have ended the Kristin gas export project, a pipeline that was to have connected Kristin gas and condensate field with the Polarled pipeline under development in the Norwegian Sea (OGJ Online, Jan. 8, 2013).

In a statement, Statoil cited “unsustainable economics caused by increased investment costs and increased risk to volume availability.”

The cancelled project would have linked Polarled with the existing Aasgard Transport System via a 30-km spur to the Kristin platform, which serves as a hub for oil, gas, and condensate produced by Kristin and Tyrihans fields in the Halten Bank area.

Statoil said the Kristin spur would have represented less than 5% of total Polarled flows.

“The termination does not influence the Polarled project execution,” the company said.

Polarled will be a 480-km pipeline between deepwater Aasta Hansteen gas and condensate field and a gas plant operated by Shell at Nyhamna, Norway. At the field, the 36-in. pipeline will lie in 1,300 m of water.

Statoil leads a group developing Aasta Hansteen with the first use of a spar platform on the Norwegian continental shelf.

Partners in the Kristin gas project are Statoil 53.4%, Petoro 35.6%, and GdFS 11%.

Related Articles

BHI: US rig count upward momentum stymied, falls below 1,900 mark

08/22/2014 The US drilling rig count lost 17 units to settle at 1,896 rigs working during the week ended Aug. 22, ending four consecutive weeks of gains, Bake...

DEKA natural gas flow starts offshore Egypt

08/22/2014

Production has begun from the Denise-Karawan (DEKA) natural gas development offshore the Nile Delta in Egypt.

Rosneft signs deal with NAD for land drilling rigs in Russia

08/22/2014 OAO Rosneft, Seadrill Ltd., and North Atlantic Drilling Ltd. (NAD) have signed a framework agreement under which NAD will acquire about 150 land dr...

Kvaerner to study Oseberg subsea alternative

08/22/2014 Statoil has commissioned Kvaerner for a concept study on a slim-leg wellhead platform that could be used instead of tied-back subsea wells in futur...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected