StatoilHydro to install Marulk subsea production system

StatoilHydro will select the concept and install the production system for Marulk gas-condensate field in the Norwegian Sea under an agreement signed with operator Eni Norge.

Uchenna Izundu
International Editor

LONDON, Oct. 13 -- StatoilHydro will select the concept and install the production system for Marulk gas-condensate field in the Norwegian Sea under an agreement signed with operator Eni Norge.

The field, which is estimated to hold 80-120 million boe, will be tied in to the Norne vessel, utilizing idle capacity.

Oivind Dahl-Stamnes, vice-president for StatoilHydro's partner-operated fields said StatoilHydro would realize synergies from the agreement because it has worked on similar projects in the same area, which will help to reduce costs.

Marulk, appraised in January, is on PL 122 about 21-km southwest of Norne field at Haltenbanken. Exploration well 6507/2-4 was drilled in water 365 m deep and confirmed the extension of the discovery. The well reached a TD of 3,600 m.

Eni 20% and StatoilHydro 50% share Marulk along with Dong E&P Norge AS 30%.

Contact Uchenna Izundu at uchennai@pennwell.com.

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