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  • Plan for development and operation for Nova approved
    édité le 01/10/2018 - Plus de news de "Spirit Energy" - Voir la fiche entreprise de "Spirit Energy"


Plan for development and operation for Nova approved
Plan for development and operation for NoThe plan for development and operation (PDO) for the Nova field is now approved. Spirit Energy has a 20 percent ownership interest in the North Sea oil field.

The Norwegian Ministry of Petroleum and Energy has given the green light to the Nova partnership’s plans submitted in May this year. The Nova field will be developed as a subsea tie-back connecting two templates to the Gjøa platform for processing and export. Gjøa will also provide lift gas to the field and water injection for pressure support. Power for the Nova field comes via the Gjøa platform from shore.

Arne Bjørlo, asset manager for development projects in Norway, said: “This is a smart development solution. Connecting Nova to the nearby Gjøa platform will both save costs and extend the economic life-time of the existing infrastructure.”

First oil in 2021

The Nova development investments are estimated at around 9.9 billion Norwegian kroner (approximately £925 million). Recoverable reserves are around 80 million barrels of oil equivalent, of which the majority is oil. Planned production start is in 2021.

Nova was discovered in 2012 and is located in the northeastern North Sea approximately 20 kilometers southwest of the Neptune Energy-operated Gjøa platform. Located in Quadrant 35, Nova profits from this region’s rich infrastructure. The Nova field is principally located in production license PL 418.

Spirit Energy owns 20% of Nova. The remaining partners are Wintershall Norge AS (operator, 35%), Capricorn Norge AS (20%), Edison Norge AS (15%) and DEA Norge AS (10%).

About Spirit Energy

Spirit Energy was created in 2017 following the combination of Centrica’s Exploration & Production business and Bayerngas Norge AS. The business is 69%-owned by Centrica plc, with the remaining 31% owned by Bayerngas Norge’s former shareholders, led by Stadtwerke München and Bayerngas GmbH.

The independent company was formed to combine a complementary mix of producing and development assets, and creates a robust, self-financing business to allow both organic and inorganic growth.


Origine : Communiqué Spirit Energy

Voir la fiche entreprise de "Spirit Energy"



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