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March 18, 2019

Equinor set to extend life of eight installations on NCS

Norwegian energy company Equinor has secured approval from domestic authorities to extend the life of eight installations on the Norwegian Continental Shelf (NCS).

Norwegian energy company Equinor has secured approval from domestic authorities to extend the life of eight installations on the Norwegian Continental Shelf (NCS).

The approval will enable the company to operate the installations for a longer period and help to secure thousands of offshore and onshore jobs associated with the projects.

The eight life extensions include Gullfaks A, B and C (2036), Oseberg East (2031), Snorre A and B (2040), Norne (2036) and Åsgard A (2030). Most of these installations were already scheduled for shutdown, and the extension of the installations varies from 12-20 years.

Equinor Development and Production Norway executive vice-president Arne Sigve Nylund said: “Field life extension is an excellent way of managing resources, as it creates high value from established fields, where we cooperate with our suppliers on safe operation and lower emissions every single day.

“Safe and efficient operation of our fields also form the basis for innovation relating to carbon capture and storage, floating offshore wind farms and hydrogen.”

“It also creates more activity offshore, in line with our ambition of pursuing our profitable and sustainable development of the NCS.”

Equinor plans to extend the life of more than 20 NCS installations by 2031. The company has already submitted life extension applications for Vigdis, Tordis and Veslefrikk, while applications for Troll B and Heidrun Subsea will be submitted later in 2019.

Nylund added: “Safe and efficient operation of our fields also form the basis for innovation relating to carbon capture and storage, floating offshore wind farms and hydrogen.”

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