Skip to site menu Skip to page content

Daily Newsletter

16 February 2026

Daily Newsletter

16 February 2026

ConocoPhillips submits development plans for Greater Ekofisk Area gas fields

ConocoPhillips expects first gas from the project in Q4 2028, subject to regulatory approvals.

Salong Debbarma February 13 2026

ConocoPhillips and its partners have submitted two plans for development and operation (PDOs) to Norway’s Ministry of Energy for the Albuskjell, Vest Ekofisk and Tommeliten Gamma fields in the Greater Ekofisk Area of the North Sea.

The proposals outline a combined redevelopment of these previously produced fields, with recoverable gas and condensate resources estimated at 90–120 million barrels of oil equivalent.

The project involves installing four subsea templates and drilling 11 wells, which will be connected to the Ekofisk Complex through a shared multiphase pipeline.

Albuskjell will feature two subsea templates and six wells, while Vest Ekofisk and Tommeliten Gamma will each have one template with three and two associated wells, respectively.

Planned gross investments are around Nkr14bn ($1.47bn) for Albuskjell and Vest Ekofisk, and Nkr5.5bn for Tommeliten Gamma.

First gas from the project is expected in the fourth quarter of 2028 (Q4 2028), subject to regulatory approvals. Peak production is anticipated at 36,000 barrels of oil equivalent per day (gross).

Project execution is forecasted to create around 5,900 jobs, with more than 80% of awarded contracts involving Norwegian companies.

The three fields fall within licences PL018B and PL018F (Albuskjell and Vest Ekofisk), and PL044 and PL044D (Tommeliten Gamma). 

These fields ceased operations in 1998 following infrastructure decommissioning and processing capacity constraints at Ekofisk. Capacity is projected to become available in the late 2020s, which would allow production to restart from these locations.

ConocoPhillips Europe and North Africa president Steinar Våge said: “With our partners, we are making long-term, profitable investments in the Greater Ekofisk Area to enable new resource development and production at a low cost of supply. This project adds value and boosts Europe’s energy security with additional gas.”

In November 2025, ConocoPhillips and its partners identified gas-bearing zones at the Essington-1 exploration well in Australia’s Otway Basin within the VIC/P79 exploration permit offshore Victoria.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close