Fenja is a conventional oil development located in deepwater in Norway and is operated by Neptune Energy Norway. Discovered in 2014, Fenja lies in block 6406/12P (PL 586) and 6406/11P (PL 586), with water depth of around 1,063 feet.
The project is currently in construction stage and is expected to start commercial production in 2023. Final investment decision (FID) of the project was approved in 2018. The development cost is expected to be $1,193 m. The Fenja conventional oil development will involve the drilling of approximately six wells and includes subsea manifold and subsea trees.
Field participation details
The field is owned by Eni, Neptune Energy Group, DNO, HitecVision and Suncor Energy.
Production from Fenja
Production from the Fenja conventional oil development project is expected to begin in 2023 and is forecast to peak in 2024, to approximately 34,286 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2048.
Remaining recoverable reserves
The field is expected to recover 81.62 Mmboe, comprised of 81.62 Mmbbl of crude oil & condensate.
Contractors involved in the Fenja conventional oil field
Some of the key contractors involved in the Fenja project as follows.
Design/FEED Engineering: Aker Solutions
Main EPC: TechnipFMC
EPC Contractors: J.J. Ugland Companies and Kvaerner
Other Contractors: Bureau Veritas, CHC Helikopter Service, China International Marine Containers (Group), H. Butting and HitecVision
About Neptune Energy Norway
Neptune Energy Norway AS (Neptune Energy Norge) is a Oil and gas company that offers crude oil, natural gas, and other oil products. Neptune Energy Norge is headquartered in Sandnes, Rogaland, Norway.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.