Var Energi AS has been given consent from the Petroleum Safety Authority Norway to use subsea infrastructure on Marulk field in the Norwegian Sea beyond original operating life.
The operating life has been extended until Dec. 31, 2030 from Dec. 31, 2021 to recover remaining reserves from the field.
The field is 25 km southwest of Norne field in 370 m of water. It was discovered in 1992 and the plan for development and operation was approved in 2010. The field is developed with a subsea template tied-back to the Norne production, storage, and offloading vessel (FPSO). Production started in 2012 (OGJ Online, Apr. 2, 2012).
Var Energi AS is operator with 20% interest. Partners are Equinor Energy AS (33%), INEOS E&P Norge AS (30%), and DNO Norge AS (17%).