Neptune Energy has awarded Bureau Veritas a four-year contract for second and third-party inspection services for the Fenja oil and gas development in the Norwegian Sea.
The Fenja field, estimated to hold 100 MMbbl of oil, encompasses the Pil and Bue discoveries. Norway’s government approved the $1.2-billion development last April, via a six-well subsea tieback toEquinor’s Njord A facilities, 35 km (21.7 mi) to the northeast. Production is due to start in 2021.
The frame agreement runs until December 2022 and may be extended to third-party inspection services in Newcastle, Evanton, Le Trait, and other European and global locations.
