Europeen Oil - Europe Oil News Monitor Subscribe to download Archive

EurOil: Equinor gets all-clear to produce from Norway's Breidablikk oilfield

Equinor and its partner have been given the all-clear to launch production at the Breidablikk oilfield in the Norwegian North Sea, the Norwegian Petroleum Directorate (NPD) reported last week.

First oil is expected in October. Breidablikk, situated 10 km north-east of the Grane field west of Haugesund, contains around 190mn barrels of recoverable oil. Total investments in the project are assessed at NOK19bn ($1.8bn). Equinor operates the field with a 39% interest, while partners Var Energi, Petoro and ConocoPhillips have shares of 34.4%, 22.2% and 4.4% respectively.

If you’d like to read more about the key events shaping Europe’s oil and gas sector then please click here for NewsBase’s EurOil Monitor.