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The Valemon Gas Field Project, Norway

Project Type

Gas and condensate field

Location

North Sea

Water Depth

135m

Reserves

26 billion cubic metres of gas and 31 million barrels of condensate

First Production

Q1, 2015

Estimated Investment

Nkr22.6bn

Operator

Statoil

Partners

Petoro (30%), Enterprise Oil (3.225%) and Total (2.5%)

Contractors

Samsung Heavy Industries, IKM Ocean Design

Subcontractors

Hertel Marine, Grenland Group
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