Lime Petroleum and its partners in PL740, led by OKEA, have formally submitted a plan for development and operation (PDO) for the $571 million Bestla Field development.
Last month Aker Solutions was awarded an EPCIC contract for the Brasse tieback project for OKEA.
Offshore staff
SINGAPORE — Lime Petroleum and its partners in PL740 in the Norwegian North Sea, led by OKEA, have formally submitted a plan for development and operation (PDO) for the $571 million Bestla (ex-Brasse) Field development to the Norwegian Energy Ministry.
Bestla, thought to contain 24 MMboe, will be tied back 13 km to the platform at the Brage Field, in which Lime has a 34.8434% interest, via two subsea wells.
The platform will serve as the host facility for production, processing and export, with the development employing standard solutions, and proven technology, according to Lime.
Bestla should start production during the first half of 2027 and remain in operation at least until 2031, potentially longer, peaking at about 26,000 boe/d within the first year of production.
