Norway – Norwegian authorities have authorized the plan for development and operation (PDO) of the Breidablikk field in the North Sea.
The total field investment is around NOK 18.6 billion. The field’s production is set to begin in the first half of 2024. Equinor and its partners Petoro, Vår Energi and ConocoPhillips Skandinavia, submitted the development plans for the area to the authorities in September 2020. Estimated recovery from the field is around 200 million barrels of oil.
Contracts for domestic companies
70% of the value creation in the development phase goes to Norwegian companies, and contracts totalling NOK 8 billion have already been awarded to companies in Norway.
Breidablikk development
The Breidablikk development will contain a subsea solution consisting of 23 oil-producing wells derived from four subsea templates. Before the oil is routed to the Sture terminal, the field will be connected back to the Grane platform for processing. Strong-tech digital technologies from Equinor’s integrated operations center in Sandsli will monitor production, ensuring high value creation from the wells.
The development of the Breidablikk field will include a separate connection for the supply of electric power as well as fiber optic connectivity from the Grane platform. This is a relatively new technology that has the potential to lower the expenses connected with further development of the field while also simplifying the deployment of docking stations for subsea drones on the seafloor.
Breidablikk will be phased in during a period of falling oil production from Grane and will therefore help maintain the platform activity level. The project has started the modification work on the Grane platform.
