Production from the Breidablikk field in the North Sea started on 20 October, four months ahead of schedule and within budget. Tied back to the Grane platform, the subsea field holds almost 200 million barrels of recoverable oil. The partners are Equinor (operator), Petoro, Vår Energi and ConocoPhillips.

"Breidablikk will come on stream four months ahead of schedule, within budget, and with higher initial production than expected. The project is highly profitable, provides important volumes to the market, and will create great value for Norwegian society and the owners. Nearly five million working hours have gone into the project. I am proud of the project delivery, and would like to thank everyone involved," says Geir Tungesvik, Equinor’s executive vice president for Projects, Drilling & Procurement.

When the plan for development and operation (PDO) was submitted in September 2020, production from Breidablikk was scheduled to start in the first half of 2024, with predrilling and completion of five wells. Now, eight wells have already been drilled, and the drilling of additional wells will continue on the field until the end of 2025.

Breidablikk is being developed with 22 subsea wells drilled from four templates. Pipelines and cables have been installed between the subsea facility and the Grane platform, which has been modified to receive the well stream.

The project has had major ripple effects in Norway. More than 90 percent of the contract value has gone to suppliers with a Norwegian billing address. The main suppliers are Odfjell Drilling in Bergen, Aker Solutions, with large deliveries from Egersund, Wood Group in Sandefjord, and TechnipFMC, from their spoolbase in Orkanger.

Investments in the project are expected to be just over NOK 21 billion (2023 value).

"Breidablikk can help to extend the productive life and the approximately 1000 jobs associated with the operation of the Grane field towards 2060. By utilising existing infrastructure both offshore and onshore, this is a cost-effective development. At peak, Breidablikk is expected to send up to 55-60,000 barrels of oil to the market daily, mainly to Europe," says Kjetil Hove, Equinor's executive vice president for Exploration and Production Norway.

The oil from Breidablikk is processed on Grane and sent ashore by pipeline to the Sture terminal in Øygarden. Oil will account for about 15 percent of exports from Sture in the years to come. The new field will be operated together with the Grane field by the Equinor organisation at Sandsli in Bergen.

Facts about Breidablikk

   - Partnership: Equinor Energy AS 39% (operator), Vår Energi ASA 34.4%, Petoro 22.2%, ConocoPhillips Skandinavia AS 4.4%
   - Discovered in 1992, Breidablikk is located in the central part of the North Sea, ten kilometres northeast of Grane, in 130 metres of water.
   - Breidablikk is expected to produce at plateau level in the period 2024 to 2026. Plateau production is estimated at 55-60,000 barrels per day.

About Equinor

Equinor (OSE:EQNR, NYSE:EQNR), is an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.