Norway: First oil production on Eldfisk North
30 May 2024TotalEnergies announces successful first oil production on the Eldfisk North Project, located in the Greater Ekofisk Area in the North Sea.
The Eldfisk North Project is located in PL018, and the licensees are TotalEnergies EP Norge AS (39.896%), ConocoPhillips Skandinavia AS (35.112% - Operator), Vår Energi ASA (12.388%), Sval Energi AS (7.604%) and Petoro AS (5.000%).
In December 2022, the Norwegian authorities approved the Eldfisk North Plan for Development and Operation with original production start scheduled in the second quarter of 2024. Cooperation and efficiency across companies have unlocked earlier first oil production.
“This is a nice example of a short cycle project which is delivered safely and ahead of plan. The Eldfisk North project is indeed unlocking additional resources whilst benefitting from the use of available capacities in the existing infrastructure in the Greater Elofisk Area. With a low break-even and greenhouse gas emissions below 10 kg/boe, the Eldfisk North project fits nicely in TotalEnergies portfolio.” said Jean-Luc Guiziou, Senior Vice President Europe for Exploration & Production at TotalEnergies.
The Eldfisk North Project comprises three 6-well subsea templates located approximately seven kilometers from the Eldfisk Complex. The development includes up to 14 wells, whereof nine are producers and five will inject water into the reservoir. The Eldfisk North Project will produce 15,000 barrels of oil equivalent per day at peak and use the available capacity of Eldfisk facilities for processing and transportation.
The project has created approximately 4,000 to 4,500 jobs, and more than 80% of the total contract value has been awarded to Norwegian businesses.
Related
-
L&T awarded Grid Infrastructure Projects in Saudi Arabia and UAE
15 October 2025
-
MingYang announces £1.5 bn investment to set up wind turbine plant in Scotland
15 October 2025
-
Australia awards renewable and energy storage capacities in latest auction
13 October 2025
-
Engie sells Africa off-grid business to UAE-based Ignite
13 October 2025
-
Chinese and US companies compete for Kuwait oil project
13 October 2025
-
Kuwait announces Qualified Bidders for Al Dibdibah Power and Al Shagaya Solar PV IPP
10 October 2025