Snorre expansion project, Norway

10th July 2020 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

Snorre expansion project, Norway

Name of the Project
Snorre expansion project.

Location
The project is located in the Norwegian continental shelf.

Project Owner/s
Equinor Petroleum (operator), Petoro, ExxonMobil Exploration and Production Norway, Idemitsu Petroleum Norge, DEA Norge and Point Resources.

Project Description
The project will increase recovery from the Snorre field by almost 200-million barrels and extend the life of the field beyond 2040.

The project involves a comprehensive subsea development and upgrading of the Snorre A installation.

The project includes:

Potential Job Creation
In the project phase, based on analyses made by Agenda Kaupang, about 23 000 person hours of labour a year will be undertaken in Norway.

Capital Expenditure
NKr19-billion, based on 2017 figures.

Planned Start/End Date
The project is scheduled to start production in 2021.

Latest Developments
Norways’ Ministry of Petroleum and Energy approved the plan for the development and operation of the Snorre expansion project in July.

Key Contracts, Suppliers and Consultants
TechnipFMC (fabrication and installation of the pipeline bundle system to Subsea 7, Snorre A modifications to Aibel, drilling and well operations to Transocean and marine installations to Deep Ocean).

Contact Details for Project Information
Equinor Petroleum, tel +47 519 90000 or email irpost@equinor.com.
Petoro, tel +47 51 502000 or email post@petoro.no.
ExxonMobil Exploration and Production Norway, tel +47 51 638100.
Idemitsu Petroleum Norge, tel +47 23 250500.
DEA Norge, tel +47 23 132000.
Point Resources, tel +47 24 045480.