Dvalin North is a conventional gas development located in deepwater in Norway and is operated by Wintershall Dea Norge. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Dvalin North was discovered in 2021, lies in block 6507/4P (PL 211), with water depth of around 1,476 feet. Buy the profile here.
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The project is currently in construction stage and is expected to start commercial production in 2026. Final investment decision (FID) of the project was approved in 2022. The development cost is expected to be $822 m.
Field participation details
The field is owned by BASF, LetterOne Holdings, Petoro and Sval Energi.
Production from Dvalin North
Production from the Dvalin North conventional gas development project is expected to begin in 2026 and is forecast to peak in 2029, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2083.
Contractors involved in the Dvalin North conventional gas field
Some of the key contractors involved in the Dvalin North project as follows.
Main EPC: TechnipFMC
Other Contractors: Baker Hughes, Aker Solutions and Transocean
About Wintershall Dea Norge
Wintershall Dea Norge AS (Wintershall Dea), a subsidiary of Wintershall Holding GmbH, Wintershall Dea Norge AS (Wintershall Dea) specializes in the exploration and production of natural gas and crude oil. The company's primary activities include operating along the Norwegian Continental Shelf, from the North Sea to the Barents and along the upstream value chain, from exploration to field development and production. Its major production operator in Norway, operating three fields - Nova, Maria and Vega - and is a significant partner in fields such as Skarv, Aasta Hansteen, Njord, and Gjoa. The company's products, primarily gas and oil are used by various industries and consumers across Europe. Wintershall Dea collaborates with international experts and partners to maximize the value from their investments. Wintershall Dea is headquartered in Stavanger, Norway.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
