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July 23, 2020

Neptune installs subsea equipment for North Sea projects

Oil exploration and production company Neptune Energy has installed subsea oil and gas production flowlines and gas lift flowlines for its Duva & Gjøa P1 projects in the Norwegian part of the North Sea.

By Himaja Ganta

Oil exploration and production company Neptune Energy has installed subsea oil and gas production flowlines and gas lift flowlines for its Duva & Gjøa P1 projects in the Norwegian part of the North Sea.

Neptune, alongside its partners, accelerated the development schedule of the subsea tiebacks connecting two templates to the nearby Gjøa platform, operated by Neptune Energy Norge.

The company noted that the Gjøa P1 is on track to achieve first oil two months ahead of the original schedule.

Work has been simultaneously conducted wherever possible across the drilling, fabrication and installation disciplines, said Neptune.

In June last year, development plans for the Duva and Gjøa P1 projects were approved by the Norwegian authorities.

Neptune Energy Gjøa project subsea head Crawford Brown said: “Despite challenges caused by the Covid-19 pandemic, the subsea execution schedule for Duva & Gjøa P1 has been accelerated in comparison with our original plans.

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“Developing these two live projects in parallel provides greater flexibility and allows Neptune and its partners to increase efficiency and reduce costs. We have taken a campaign approach in our use of vessels and common equipment, achieving positive synergies through joint mobilisation and focusing on collaboration between project teams for Neptune and our key contractors and partners.”

First production from Gjøa P1 field is expected later this year, while Duva is due to come online in the third quarter of this year.

Earlier this month, Neptune Energy announced the discovery of hydrocarbons at the Dugong well, which is located in the Norwegian part of the North Sea.

Last month, Neptune Energy said that it was set to cut 400 jobs across nine countries to improve cash flow amid low oil prices. These redundancies represent nearly 21% of the company’s staff.

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