📋 Tender Overview
Minister of Petroleum and Energy Tina Bru received the development plan for the large Breidablikk project in the central part of the North Sea.The project consists of an extensive subsea facility that will be connected to the Granefeltet. The development has major ripple effects in the supplier industry and will provide significant income to the community during the production period.The plan for development and operation PDO was provided by the operator Equinor on behalf of the licensees. The Breidablikk development includes the development of structures north of the Granefeltet around 185 km west of Stavanger. The project includes four seabed frames and 23 oil-producing wells. Breidablikk will be connected to the Grane field for processing and further transport of oil. The project is being phased into a period where Grane has declining oil production and will help maintain the level of activity on the platform and thereby maintain existing employment and the need for deliveries.This is a large and important project for the country. The Breidablikk development will provide great value creation tax revenues for the community and significant ripple effects for companies and local communities on the mainland. Such projects give us as a nation both in a bag and a sack says Minister of Petroleum and Energy Tina Bru.The expected recoverable reserves are estimated at about 200 million barrels of oil and investments of about NOK 18.6 billion. The expected start-up for the field is the first half of 2024. The subsea facility is prepared to be able to connect later installed subsea frameworks. This flexibility will contribute to and facilitate any further development of deposits in the area. This type of project helps to utilize already established infrastructure and maintain production from the shelf says Bru.The field has a production horizon of about 20 years and is the third development plan that has been submitted to the authorities so far this year.The licensees are Equinor operator Petoro Vr Energi and ConocoPhilips Scandinavia.
