Offshore staff
OSLO, Norway – The Norwegian Petroleum Directorate has authorized ConocoPhillips to start up the Ekofisk 2/4 VC installation in the North Sea.
Development involved installing a subsea template with four well slots and drilling of four water injection wells.
This should increase oil production from the Ekofisk field by around 17 MMbbl.
Norway’s Ministry of Petroleum and Energy approved the project last September as an amended plan for development and operation for Ekofisk South. The estimated cost is around NOK2.3 billion ($283 million).
06/15/2018
