Fenja is a conventional oil development located in deepwater in Norway and is operated by Neptune Energy Norway. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Fenja was discovered in 2014, lies in block 6406/12P (PL 586) and 6406/11P (PL 586), with water depth of around 1,063 feet. Buy the profile here.
The project is currently in commissioning 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 DNO, Eni, HitecVision, Neptune Energy Group and Sval Energi.
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: Bangchak, Bureau Veritas, China International Marine Containers (Group), CHC Helikopter Service and H. Butting
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.
For more details on the Fenja Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
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.
