Advertising

Equinor and Partners Launch Production of Kristin South

Equinor and its partners Petoro, Vår Energi, and TotalEnergies EP Norge have started production from the first Lavrans well in the Kristin South project.
Développement durable infrastructure énergie

Please share:

This project represents a crucial step in the exploitation of existing infrastructure on the Norwegian continental shelf, optimizing the production capacities of this strategic region.

Development of Kristin South

The development and exploitation plan (PDO) for the Lavrans and Kristin Q discoveries as satellites of the Kristin field was submitted in 2021 and approved by the authorities in 2022. This first phase of development involves the installation of a new subsea template connected to the Kristin platform, currently responsible for processing the oil and gas extracted from the Lavrans well. The gas produced by Equinor and Partners will be exported to the European market via the existing pipeline system, while the oil will be transported by ship via the Åsgard C storage reservoir. In addition, Equinor is multiplying its partnerships, such as with ENI at Oando.
The project also includes the drilling of four additional wells: three in the Lavrans field and one in the Q segment of the Kristin field. The latter will be drilled from an existing subsea template, connected to Kristin’s SEMI platform. Total estimated production for this first phase is 6.2 billion standard cubic meters of gas and 1.9 million standard cubic meters of oil, equivalent to 58.2 million barrels of oil.

Resource Optimization and Economic Perspectives

The strategy of Equinor and its partners highlights the importance of maximizing the use of existing infrastructures. By integrating new resources into existing production facilities, development costs are reduced, while extending the life of existing oil and gas fields. This approach is essential to maintain the competitiveness of production on the Norwegian continental shelf.
Grete B. Haaland, Senior Vice President for Northern Exploration and Production at Equinor, emphasized that this project is an important milestone for the continued development of new resources in a mature area of the Norwegian Sea. In addition to enhancing the region’s energy security, the Kristin South project is a significant source of job creation, having generated around 4,000 person-years across Norway, including 800 in the Mid-Norway region, over the period 2020-2025.

Economic Impact and Strategic Partnerships

The Kristin South project saw strong participation from Norwegian suppliers, who were awarded over 60% of the development contracts, creating positive economic spin-offs along the Norwegian coast. This level of local participation is crucial for supporting the regional economy and integrating local capabilities into international projects.
Trond Bokn, Senior Vice President for Project Development at Equinor, said the Kristin South project illustrates the company’s strategy of generating value through the development of existing infrastructure on the Norwegian continental shelf. By working closely with its partners and suppliers, Equinor was able to launch production at the Lavrans well safely and efficiently.
The partners in the Haltenbanken Vest Unit project are Equinor Energy AS (54.82%, operator), Petoro AS (22.52%), Vår Energi ASA (16.66%) and TotalEnergies EP Norge AS (6%). This strategic cooperation between these major players in the energy industry is essential for the success of the project and for long-term resource management.
The Lavrans field, discovered in 1995, and the Kristin field, operational since 2005, have seen their technical lifetimes extended thanks to these developments. The technical lifetime of the Kristin platform is currently estimated at 2043, with the potential for further extensions.

Register free of charge for uninterrupted access.

popular articles

Advertising

Recently published in

Bangladesh resumes LNG imports on the spot market after a two-month pause. A change in procurement rules aims to ensure greater transparency in the supplier selection process.
Mexico, via Pemex, takes over the Lakach offshore gas project to reduce its dependence on imported gas. Analysts express doubts about the profitability and strategic choices of this development.
Mexico, via Pemex, takes over the Lakach offshore gas project to reduce its dependence on imported gas. Analysts express doubts about the profitability and strategic choices of this development.
Half of the available slots at the Inkoo LNG terminal in Finland are booked for 2025, indicating strong demand and an evolving regional gas market.
Half of the available slots at the Inkoo LNG terminal in Finland are booked for 2025, indicating strong demand and an evolving regional gas market.
Egypt, faced with an energy crisis due to a drop in gas production, depends on financing from Saudi Arabia and Libya to secure its purchases of liquefied gas.
Egypt, faced with an energy crisis due to a drop in gas production, depends on financing from Saudi Arabia and Libya to secure its purchases of liquefied gas.
Botas and Shell sign a 10-year contract to supply 4 billion cubic meters (Gm3) of liquefied natural gas (LNG) per year from 2027, strengthening Turkey's energy security and supply options.
Despite high European inventories, the global LNG market remains exposed to supply risks and growing demand from Asia and Latin America, fuelling tensions ahead of winter.
Despite high European inventories, the global LNG market remains exposed to supply risks and growing demand from Asia and Latin America, fuelling tensions ahead of winter.
The Aphrodite gas field in Cyprus' EEZ is at the center of complex negotiations between the Chevron-Shell-NewMed consortium and the Cypriot government, following differences over the proposed development plan.
The Aphrodite gas field in Cyprus' EEZ is at the center of complex negotiations between the Chevron-Shell-NewMed consortium and the Cypriot government, following differences over the proposed development plan.
The European Union bans the transshipment of Russian LNG in its ports, complicating Yamal LNG's exports. This tightening of sanctions could upset the balance of the global gas market.
The European Union bans the transshipment of Russian LNG in its ports, complicating Yamal LNG's exports. This tightening of sanctions could upset the balance of the global gas market.
ONEOK acquires midstream assets from Global Infrastructure Partners for USD 5.9 billion, optimizing its network in the Permian Basin and Mid-Continent and consolidating its position in the US hydrocarbon transportation market.
Liquefied natural gas (LNG) prices in Asia continue to climb relative to the US, buoyed by geopolitical tensions and global supply disruptions, reflecting an energy market under pressure.
Liquefied natural gas (LNG) prices in Asia continue to climb relative to the US, buoyed by geopolitical tensions and global supply disruptions, reflecting an energy market under pressure.
Ukraine terminates Russian gas transit contract to Europe from 2025. This decision forces European countries to review their supply strategies and adapt to the new dynamics of the energy market.
Ukraine terminates Russian gas transit contract to Europe from 2025. This decision forces European countries to review their supply strategies and adapt to the new dynamics of the energy market.
South Africa is at a decisive turning point in its energy transition, facing complex challenges to secure its natural gas supply and ensure the stability of its energy sector.
Greece is stepping up its LNG purchases in response to insufficient renewable energy production, directly impacting gas prices on the spot market.
Greece is stepping up its LNG purchases in response to insufficient renewable energy production, directly impacting gas prices on the spot market.
Amigo LNG is committed to supplying 3.6 million tonnes of LNG per year to E&H Energy, strengthening energy flows between Mexico and Southeast Asia.
Amigo LNG is committed to supplying 3.6 million tonnes of LNG per year to E&H Energy, strengthening energy flows between Mexico and Southeast Asia.
Elsaco Electronic has teamed up with Clarke Energy to modernize district heating networks in Arad and Constanța, Romania, with high-efficiency cogeneration engines, targeting a significant reduction in energy consumption.
Elsaco Electronic has teamed up with Clarke Energy to modernize district heating networks in Arad and Constanța, Romania, with high-efficiency cogeneration engines, targeting a significant reduction in energy consumption.
The Ichthys LNG project in Australia is scheduled to return to full production capacity in October, following an interruption to Train 2, temporarily impacting LNG exports to Asia.
Norway, Europe's main gas supplier, is on track to exceed its 2017 record, with exports up 10% in the first half of 2024.
Norway, Europe's main gas supplier, is on track to exceed its 2017 record, with exports up 10% in the first half of 2024.
NG Energy, in partnership with INFRAES and Kronos, commissions a strategic 28.3 km pipeline on the Sinu-9 concession, significantly increasing natural gas transmission capacity in Colombia.
NG Energy, in partnership with INFRAES and Kronos, commissions a strategic 28.3 km pipeline on the Sinu-9 concession, significantly increasing natural gas transmission capacity in Colombia.
Equinor confirms that it will continue to produce gas in Norway until 2035, thus ensuring the continuity of Europe's energy supply.
Equinor confirms that it will continue to produce gas in Norway until 2035, thus ensuring the continuity of Europe's energy supply.
Hedge funds' long positions continue to have a strong influence on the volatility of the European natural gas and LNG market, in response to geopolitical risks and global supply variations.
Indonesian authorities approve Eni's development plans for several strategic gas fields, boosting production in the Kutei basin.
Indonesian authorities approve Eni's development plans for several strategic gas fields, boosting production in the Kutei basin.
TAQA and JERA have concluded financing for a cogeneration plant in Jubail, to supply the SATORP petrochemical complex with energy and steam.
TAQA and JERA have concluded financing for a cogeneration plant in Jubail, to supply the SATORP petrochemical complex with energy and steam.
Hedge funds' long positions in the European gas market are reaching record levels, exacerbating pricing uncertainties for 2025.
Hedge funds' long positions in the European gas market are reaching record levels, exacerbating pricing uncertainties for 2025.

Welcome

Your subscription

Included in this subscription: