An Equinor-led consortium will reduce CO2 emissions from the Oseberg Field Centre and the Oseberg South platform in the North Sea by an estimated 320,000 tonnes a year while increasing Oseberg gas production.
An Equinor-led consortium will reduce CO2 emissions from the Oseberg Field Centre and the Oseberg South platform in the North Sea by an estimated 320,000 tonnes a year while increasing Oseberg gas production.
An amended $1.1 billion plan for development and operation (PDO) has been submitted to Norway’s Ministry of Petroleum and Energy with a view to opening the new facility in 2026.
Oseberg will transition from being primarily an oil field to becoming a substantial gas producer with large remaining gas resources.
Two new compressors will be installed to boost recoverable gas volumes and the Oseberg Field Centre and Oseberg South platform will be partially electrified.
Oseberg is the third largest oil producer ever on the NCS, producing around 3.2 billion barrels of oil. Oil production is in the tail phase, but 60% of the gas resources are still in the ground. Only Troll and Snøhvit have more remaining gas resources on the NCS.
‘We expect Oseberg to produce more than 100 billion sm3 of gas towards 2040. In terms of energy, the annual gas export from Oseberg will equal a quarter off all Norwegian hydropower,’ said Geir Sørtveit, Equinor’s senior vice president for exploration and production west.
For the year 2020, Oseberg emissions totalled around one million tonnes of CO2. Since 2010, emissions at Oseberg have been reduced by around 15%, and there is an ambition of further reducing emissions by 50-70% by 2030.
‘The solution adopted gives a cut in emissions of about 50% from the Oseberg Field Centre and the Oseberg South platform,’ said Sørtveit.
Equinor (49.3%) is the operator of the Osberg Field and the partners are Petoro (33.6%), Total (14.7%) and ConocoPhillips (2.4%).
