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GDF Suez' Gjoa shows facility of remote Norwegian hubs

10/04/2010
By Danial Rogstad
New hub developments in Norway are expected to stimulate exploration and development of existing smaller North Sea discoveries.As average discovery size decreases in the most mature areas, the ability to tie back to an existing host with adequate capacity can make the difference between a commercial opportunity or a stranded resource.In the more frontier areas it has been shown repeatedly that a new processing and shipment hub will kick-start exploration on surrounding acreage, leading to new discoveries and satellite developments.Due on stream in October 2010, Gjoa field is an example of a hub development that will open up a new area of the Norwegian Continental Shelf. Norsk Hydro discov...
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