Pil & Bue Project Moves Forward

VNG Norge informed that the front end engineering and design (FEED) studies have been initiated for the Pil & Bue project.

The partners in the licence PL586, where Pil & Bue are located, plan to pass the final investment decision for the discoveries by the end of the year.

“The decision demonstrates the ability to move the Pil & Bue project ahead. We look forward to maturing the project further towards the final investment decision and submitting the PDO by the end of the year,” said Atle Sonesen, managing director of VNG Norge.

In November, the partners selected a subsea tie-back to the Njord platform as the development concept for the discoveries.

VNG is the operator of Pil & Bue with 30% interest. Other partners in the license are Spike Exploration Holding with 30%, Faroe Petroleum Norge holds 25%, and Pure E&P Norway 15% stake.

Share this article

Follow Subsea World News

Events>

<< Feb 2017 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 1 2 3 4 5

MEOS 2017

The conference typically features over 300 high quality technical presentations, a series of panel sessions led by presidents, vice presidents…

read more >

AOG 2017

The Forum will begin directly after the SUT Subsea Controls DownUnder Conference, drawing a wider audience for our suppliers.This event…

read more >

40th Annual Offshore Pipeline Technology Conference 2017

The conference will cover areas like discuss on pipeline integrity management and life extension strategies for better operational outcomes…

read more >

SNS2017 – The Southern North Sea Conference & Exhibition

EEEGR’s flagship Southern North Sea conference is taking place over two days at the Norfolk Showground Arena in Norwich.

SNS2017 is expected to attract upwards of 700 delegates from across the industry and supply chain.

Key industry players will gather at this event to discuss and debate issues, network to make new business contacts and re-establish relationships with existing clients.

More info

read more >