Kristin Sør is an oil and gas development in the Norwegian Sea. An investment decision has been made for the first phase. This includes Kristin Q and Lavrans. These are planned to be developed with subsea templates connected to the Kristin platform.
– This decision helps to provide significant value to society and the owners, says CEO of Petoro Kristin Kragseth. – The resources in our portfolio will be utilized in a good way, at the same time as we use existing infrastructure. This provides even better resource deployment and the highest possible value creation. Such developments will be a key part of the future on the Norwegian shelf, says Kragseth.
Kristin Sør has planned to start up in 2024.
Partners in the field:
Equinor Energy AS (operator)
Petoro AS
Vår Energi AS
Total Energies E&P Norge AS
