📋 Tender Overview
The operator Wintershall Dea and the licensees Petoro and Sval Energi handed over the development and operation plan for the Dvalin Nord field to Oil and Energy Minister Terje Aasland.I am happy to receive yet another development plan for new resources in the Norwegian Sea and would like to applaud Wintershall Dea and its partners for delivering a development plan for Dvalin Nord already this year which was the largest discovery on the Norwegian continental shelf last year says the oil and energy minister Terje Aasland Ap.The Dvalin Nord gas field is located approximately 270 kilometers north of Kristiansund and is expected to produce approximately 84 million barrels of oil equivalent mainly gas. The field is to be developed with a subsea frame connected to the Dvalin field which is located 10 kilometers further south. From Dvalin there will be joint processing and transport via the Heidrun field for both Dvalin and Dvalin Nord with gas export via the Polarled pipeline to Nyhamna.The investments amount to almost NOK 8 billion and production is expected to start towards the end of 2026.The Dvalin Nord development shows that the Norwegian Sea is important for Norwegian gas production. The project will provide important contributions to value creation and employment in addition to sought-after gas to Europe when the field comes into production Aasland continues.Wintershall Dea is the operator of the Dalin Nord field 55 per cent and the other licensees are Petoro 35 per cent and Sval Energi 10 per cent.
