Offshore Energy
  • news
  • test
JobsNewsletter
Offshore Energy logo
Topics
  • News
  • Contracts & Tenders
  • Authorities & Government
  • Automation
  • Business & Finance
Network
  • Dredging Today
  • NavalToday
  • Offshore Energy
  • Offshore Wind
  • Maritieme Vacaturebank
Company
  • Advertising
  • Newsletter
  • Jobs

© 2026 Navingo. All rights reserved.

Home›Business & Finance›Norway: Statoil Gets Approval for its Fast-Track Projects
Business & Finance

September 16, 2011 · about 15 years ago

Norway: Statoil Gets Approval for its Fast-Track Projects

Approval of plans for development and operation (PDO) of the Stjerne and Vigdis North-East fields means that all four of Statoil’s first fast-track projects have secured the go-ahead. The Ministry of Petroleum and Energy has given the nod for the two fields today, 16 September, after approving Hyme

2 minutes read
  • LinkedIn
  • X
  • Email

Approval of plans for development and operation (PDO) of the Stjerne and Vigdis North-East fields means that all four of Statoil’s first fast-track projects have secured the go-ahead.

The Ministry of Petroleum and Energy has given the nod for the two fields today, 16 September, after approving Hyme and Visund South PDOs in June. All four were launched in January 2010.

“Getting a green light for the first part of the portfolio represents an important milestone for us,” says Halfdan Knudsen , who heads Statoil’s fast-track developments off Norway.

“The concept is well established, and new candidates are being added to the list continuously. We’re keeping up the pace.”

Three out of four discoveries on the Norwegian continental shelf (NCS) have been classified as small since 2007. Most are eligible for the fast-track portfolio if they can be tied back to existing production facilities.

Template

Vigdis North-East is to be developed with a four-slot seabed template tied back to Snorre A, which stands about seven kilometres away.

The Snorre area of the North Sea possesses established infrastructure as well as spare processing capacity on the installations.

Oil and gas flowing from Vigdis North-East will be carried in a new pipeline to an existing template on Vigdis B and then on to Snorre A.

Injection

Earlier called Katla, Stjerne will also be developed with a four-slot subsea template. Two wells will produce, while the others are for water injection to help maintain reservoir pressure.

Oil from the field will be piped to Oseberg South, with the gas used as pressure support in Oseberg Omega North to boost output from that reservoir.

“The first four fields with approved PDOs will give us experience and allow us to stake out a continued commitment to fast-track developments,” says Knudsen.

Vigdis North-East

Location: Tampen area of the Norwegian North Sea

Recoverable volumes: 25 million barrels of oil equivalent

Investment: NOK 4.2 million in current money

Discovered: 2009

Due on stream: 2012-13

Licensees: Statoil (operator) 41.5%, Petoro 30%, ExxonMobil 10%, Idemitsu 9.6%, Total 5.6% and RWE Dea Norge 2.8%

Stjerne

Location: 13 kilometres south-west of Oseberg South in the Norwegian

North SeaRecoverable volumes: 45 million barrels of oil equivalent

Investment: NOK 5.4 million in current money

Discovered: 2009

Due on stream: 2013

Licensees: Statoil (operator) 49.3%, Petoro 33.6%, Total E&P Norge 10%, ExxonMobil E&P Norway 4.7% and ConocoPhillips Skandinavia 2.4%

[mappress] Source: Statoil, September 16, 2011;

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Business & FinanceEquipmentOperations & Maintenance

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters
  2. 2Odfjell Drilling’s rig remaining with Norwegian oil & gas operator for another year
  3. 3Karoon boosts Brazilian field’s oil output with all wells now online
  4. 4TotalEnergies offloading Mexican shallow water block to Grupo Carso

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free