Project Profile
Estimated investment: US$18.1 billion
Location: North Sea, Norway
Reserves: 10 million barrels
Production start-up: 2020
Skogul Field (previously called Storklakken) in the North Sea will be one of the smallest fields on the Norwegian shelf with a reserve basis of approximately 10 million barrels of oil equivalents. Production start is planned for first quarter 2020. Skogul will be developed with a two-branch well. This will be drilled from a subsea template tied-in to the installations on the Vilje field and will be connected to the pipeline from Vilje to the Alvheim field. The processing of oil and gas from Skogul will take place on the floating production facility Alvheim FPSO. Investments are estimated at US$18.1 billion. Joint venture partners in Skogul are Aker BP and PGNiG Upstream Norway. In November 2017, the Ministry of Petroleum and Energy approved new name for Skogul.
Operators:
Aker BP: 65% interest
PGNiG Upstream Norway: 35% interest
Contracts:
Aker Solutions: Field development