Neptune Energy welcomes official opening of the Njord field

Neptune Energy today welcomes Equinor’s announcement of the official opening of the Njord field in the Norwegian Sea. Following a major upgrade, Njord is now expected to produce oil and gas for another 20 years.

Neptune Energy’s Managing Director for Norway and the UK, Odin Estensen, said: “We congratulate Equinor for their safe and successful start-up of the Njord field and the tie-back and start-up of the subsea fields Bauge, Hyme and Fenja to Njord A.  This is a great example of how relatively small discoveries can be brought together to create profitable, low emission developments.”

The Njord Area will provide Neptune with net production of 30,000 barrels of oil equivalent per day.

Estensen added: “The recent start-up of Fenja makes Njord Neptune’s second largest producing hub in Norway and aligns with our strategy for production with low unit cost and low CO2 intensity.”

Partners in the Njord unit: Equinor Energy (operator, 27.5 %), Wintershall Dea Norge (50 %), Neptune Energy (22.5 %)

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