Faroe Petroleum said today that the Pil and Bue discoveries in the Norwegian Sea will be tied back to the Njord platform.
Licence partners had been considering three field development concepts, before eventually settling for the tieback option.
Faroe has a 25% stake in Pil and Bue and holds 7.5% of the Njord field.
Graham Stewart, CEO of Faroe Petroleum, said: “I am very pleased to announce that the Njord facilities have been chosen for the development of the material Pil & Bue discoveries.
“This is a significant step in the maturation of these high quality discoveries and the fact that they will be tied back to infrastructure we know well, and are joint venture partners in, further consolidates one of our core areas in Norway.
“We look forward to cooperating with our partners on the Njord licence as we progress this important project towards development.”