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Norway gives nod for Marulk Plan
Norway has given Eni official approval for the Dkk3.8 billion ($649 million) development plan for the Marulk field in the Norwegian Sea. Work to prepare the field has already started as the Norwegian authorities gave the Eni-operated project permission to sign contracts before approval of the development plan.
According to the development plan two production wells will be tied back
to the production vessel at the adjacent Norne field via a seabed
installation.
The gas will then be transported from the production vessel via the west
coast of Norway through the Gassled system to either the European
continent or the UK.
Dong said Marulk had total estimated commercial reserves of about 71
million barrels of oil equivalent and it expected the field to be in
production by mid-2012.
Marulk lies in the Norwegian Sea, about 30 kilometres south-west of Norne in water depths of 355 metres.
Dong holds a 30% interest in the Marulk field with Statoil holding 50% and Eni holding the remaining 20% as operator.
Source: Upstream Online
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