Neptune Energy welcomes production start up from Njord field

Neptune Energy welcomes production start up from Njord field

Neptune Energy today welcomes Equinor’s announcement of the start of production from the Njord field in the Norwegian Sea, following a major upgrade of the platform and the floating storage and offloading vessel (FSO).

Neptune Energy’s Managing Director for Norway and the UK, Odin Estensen, said: “We congratulate Equinor on the delivery of this complex project, in close collaboration with the licence partners.

“Njord coming onstream increases Neptune’s production in Norway by 10 kboepd. The platform is also preparing to receive production from three new subsea tie-back fields – Hyme and Bauge, and the Neptune-operated Fenja field early in 2023, extending the operating life of the Njord field.

“This represents a significant investment by Neptune on the Norwegian Continental Shelf, and further demonstrates our commitment to growing the business in Norway.”

Neptune Energy Norge has a 22.5 per cent owner share in Njord, Hyme and Bauge. The company has 30 per cent share in Fenja.

Published: 28-12-2022