DNO acquires additional stake in Norwegian Sea Berling field

DNO ASA has acquired an additional 10% stake in the Berling field development project from Sval Energi AS.
Dec. 19, 2022

DNO ASA has acquired an additional 10% stake in the Berling (previously Iris Hades) field development project from Sval Energi AS. Following the acquisition, DNO Norge AS holds a 30% interest in the 2018 gas and condensate discovery on Haltenbanken in the Norwegian Sea. Operator OMV (Norge) AS and Equinor Energy AS retain 30% and 40% interests, respectively. Sval Energi will own no interest in the project.

The partnership expects to submit a plan for development and operation (PDO) to the Ministry of Petroleum and Energy before the end of December with a recommendation that Berling field be developed as a subsea tieback to the Equinor-operated Åsgard B platform 20 km away. Berling field stretches across three licenses with aligned ownership interests (PL644, PL644B, and PL644C).

About the Author

Alex Procyk

Upstream Editor

Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).

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