Statoil and partners are to develop the Snefrid Nord gas discovery in the Norwegian North Sea.
The find, scheduled to come on stream in late 2019, will be tied back to the nearby Aasta Hansteen field, the site of the world’s largest spar platform.
A supplementary Plan for Development and Operation (PDO) has been submitted to the relevant authorities detailing the development.
Aker Solutions, the supplier of subsea equipment for the Aasta Hansteen development, will also deliver the single-slot subsea template, a suction anchor and umbilicals for the Snefrid Nord development.
The subsea template and suction anchor mooring it to the seabed will be delivered by Aker Solutions at Sandnessjøen.
The umbilicals will be delivered by Aker Solutions in Moss.
Subsea 7 will deliver flowlines and spools in addition to performing all subsea installations. They are also the supplier for Aasta Hansteen.
Snefrid Nord was discovered in 2015. Recoverable reserves are estimated at about five billion cubic metres of gas.
The development concept includes one well in a single-slot subsea template. This will be tied back to the Aasta Hansteen platform through the Luva template six kilometres away.
Snefrid Nord will produce some four million cubic metres of gas per day in the plateau phase, the planned productive life being 5-6 years.
The capital expenditures for the Snefrid Nord development total about NOK 1.2 billion.
Siri Espedal Kindem, senior vice president for operations north in Statoil, said: “Aasta Hansteen is a strategically important development as the platform and Polarled pipeline open a new area in the Norwegian Sea for gas exports to Europe.
“The projects also establish a new infrastructure, which will create opportunities for future field development projects in the area. Snefrid Nord is an excellent example of this.”
Statoil Petroleum ASA is operator with an interest of 51 percent. The partners are Wintershall Norge AS (24%) OMV Norge AS (15%) and ConocoPhillips Skandinavia AS (10%).