– It is uplifting that we are able to find good solutions to utilize existing infrastructure in the Alvheim area. This contributes to increased value creation on the Norwegian continental shelf,” says managing director of Petoro, Kristin Kragseth.

The discoveries Trell and Trine are located in the North Sea 24 kilometers east of the production ship Alvheim and are planned to be developed with three wells and two new underwater installations. These will be linked to the existing infrastructure at East Kameleon and further to Alvheim.

Total investments are estimated to approximately NOK 6 billion (about USD 700 million). Production is scheduled to start in the first quarter of 2025.
Recoverable resources in Trell & Trine are estimated at around 25 million barrels of oil equivalent and will produce with very low emissions, estimated at 0.3 kg CO2 per barrel.

Operator is Aker BP, license partners Petoro and LOTOS Exploration & Production.