ConocoPhillips Skandinavia, a subsidiary of the U.S. energy giant ConocoPhillips, and its partners, Vår Energi, Orlen Upstream Norway, and Petoro, have sanctioned a project on the Norwegian Continental Shelf (NCS) that aims to extend the life of the Greater Ekofisk Area (GEA) through the redevelopment of previously produced fields (PPF) to enhance production capabilities and ensure long-term value creation off the coast of Norway.
PPF; Source: ConocoPhillips
In an attempt to strengthen production life of the Greater Ekofisk Area, the joint venture partners took a final investment decision (FID) for the Previously Produced Fields (PPF) redevelopment project, which is anticipated to add high value barrels from 2028 onward.
The project, operated by ConocoPhillips Skandinavia, is a joint redevelopment of the three previously produced fields, Albuskjell and Vest Ekofisk in licenses PL018B/FSeguir leyendo