BG Group plans to extract oil on the Norwegian shelf

On Wednesday, the BG Group reported early field development Knarr, that in the North Sea. In this regard, it is planned to produce about 80 million barrels of oil equivalent. The company also noted that the production will be carried out using a floating vessel for the production, storage and offloading, which has a production capacity of 63 thousand barrels of oil equivalent per day, and its capacity is 800 thousand barrels.
 
"In order to extend the industrial suitability of the site were carried out new exploration," said a statement from the company. The announcement, made by BG Group, compliance with the approval of the Norwegian Petroleum Directorate on opening by Statoil natural gas fields in the North Sea.
 
Also in the Norwegian Petroleum Directorate said that the volume of production at the site in the first two moon in 2015 was 242 million. Barrels of oil equivalent, most of which occur in natural gas. This is about 2.7% higher than for the same period in 2014.
 
Norway is one of the leaders in terms of crude oil and gas. At the same time, the government of the country in January auctioned 57 new sites that belong to its territorial waters. About licenses, they plan to issue from next year.
 
 
March 19, 2015
"Energy reform"