Equinor Sanctions Sleipner Field Electrification
capturing, injecting and storing more than 20 million tonnes of CO₂ since 1996. Therefore, it is extremely gratifying that the partners in the Sleipner licence have decided to further develop the field in line with our ambitious plans to reduce greenhouse gas emissions on the NCS,” says Arne Sigve Nylund, Executive Vice President for Development & Production Norway.In October 2019, the Johan Sverdrup licence, together with the partners in Gina Krog, Ivar Aasen, Edvard Grieg and Sleipner with its tie-in fields, reached agreement on allocation of shore-based power from the Utsira High. Power
Equinor Explores Floating Wind Turbines to Power N.Sea Oilfields
year, Norway's annual emissions were 2.4 percent above 1990 levels at 52.4 million tonnes."To maintain profitable operations (offshore Norway) in the long term, it is essential that we do our utmost to further reduce the carbon footprint from our activities," Executive Vice President Arne Sigve Nylund said.Formerly known as Statoil, Equinor earlier this year changed its name to underscore a push into renewable energy under Chief Executive Eldar Saetre, although oil and gas will remain the company's dominant business.The company's first floating offshore wind farm began operating
Statoil: Considerable Johan Castberg spin-offs
Castberg project may be a central project for further development of the NCS and in the far north. The field will provide significant tax income. The field development and operation will also create new opportunities for the industry throughout Norway and in North Norway in particular,” says Arne Sigve Nylund, executive vice president for Development and Production Norway. Based on a spin-off report from Agenda Kaupang the Johan Castberg project, based on an investment estimate of between NOK 50 and 60 billion, will represent a significant part of NCS investments in the period 2018-2022. The
Statoil Awards Johan Sverdrup Jacket Contract
creation throughout the field’s life." "Statoil has prepared an ambitious plan for development and operation, with scheduled start-up in 2019. The contract with Kværner Verdal represents a significant step towards realising our high Johan Sverdrup ambitions,” says Arne Sigve Nylund, executive vice president for Development and Production Norway in Statoil. "We are very pleased with the contract we have signed with Kværner. We cooperate closely with the company through the framework agreement. During the engineering period that started last summer Kvæ
Valemon on Stream
barrels of oil equivalent. “Valemon is one of several new projects on the Norwegian continental shelf that will help add value, activity and innovation, demonstrating well the long-term perspective that characterises Statoil’s activity on the Norwegian continental shelf,” says Arne Sigve Nylund, executive vice president for Development and Production Norway. Valemon is the second Statoil-operated platform to be put into production in the last nine months and also the first new platformto be operated from Bergen since Kvitebjørn came on stream 10 years ago. The Valemon
Statoil Delays Castberg Project
Johan Castberg project. “The companies will continue efforts to mature the technical development solution, updating the resource basis and reducing cost leading up to the summer of 2015. The partners will also further assess the financial basis for an oil terminal at Veidnes,” said Arne Sigve Nylund, Statoil executive vice president for Development and Production Norway. The Johan Castberg project involves Statoil discoveries Skrugard (2011) and Havis (2012). The findings served as a major advancement for the Barents Sea as a new oil province. The volumes in Johan Castberg are proven
Statoil Chooses Wingårdhs Building Design
with the project proposal “E = mc²”. “Wingårdhs’ project proposal stands out as the best solution for Statoil. In our view this project provides us with the best land utilization, best economy and the best architectural and functional solutions,” said Arne Sigve Nylund, executive vice president, Development and Production Norway (DPN), and location manager in Stavanger. The project proposal locates the new building close to the entrance section of the existing building and the planned collective axis towards Vassbotn. This strengthens the urbanization
Johan Sverdrup Field Concept Selected
partners have decided on power from shore for the Johan Sverdrup field in the first phase, which will reduce total CO2 emissions from the Utsira High area by 60-70%. “This is historic. We have not made a concept selection for a field this size since the 1980s,” says Arne Sigve Nylund, executive vice president for development and production in Norway. Establishing a field centre The field will be developed in multiple phases. The design capacity of the first phase is 315,000 barrels of oil equivalents per day field capacity (Statoil share ~40%) with an expected
February 2024
