PDO for Ormen Lange subsea compression

[20.09.2021]
Photo: Ella Bye/OED
Photo: Ella Bye/OED
The Ormen Lange partners have made a final investment decision for a subsea compression project on one of Norway's largest gas fields. Plan for development and operation was sent to the Ministry of Petroleum and Energy today, September 20th.
The project will increase production with an additional 30-50 billion cubic meters of natural gas, which increases Ormen Lange's total gas recovery rate from 75 to 85%. The gas will be fed into the Norwegian gas export system, ensuring a continued and reliable supply to Europe.

Two wet gas compressor systems will be installed on the seabed at a depth of 900 meters close the wellheads,  increasing gas flow from the reservoir into the wells. The 120 km distance from shore to the installations sets a new world record for subsea compression power step-out.  The project pushes technical boundaries and strengthens Norway's position as a global center for subsea development.

Ormen Lange is among the fields in Norway with the lowest carbon emissions. Offshore power consumption comes from hydropower and the gas is treated in a closed system at Nyhamna gas plant. "Ormen Lange Subsea Compression" will contribute large extra revenues to the Norwegian state. The total project cost is estimated at NOK 12.1 billion.

Ormen Lange Partnership: Shell (operator), Petoro, Equinor, INEOS and Vår Energi.
 

Other news

114 billion to the state in the first half of 2024. Ownership swaps bolster the long-term strategy.
[01.08.2024] - Press release - Second quarter 2024
114 billion to the state in the first half of 2024. Ownership swaps bolster the long-term strategy.
Read more
114 billion to the state in the first half of 2024. Ownership swaps bolster the long-term strategy. - 2024-08-01 10:00
Petoro AS (SDFI) and Equinor ASA to swap ownership interests
[14.05.2024]
Petoro AS (SDFI) and Equinor ASA to swap ownership interests
Read more
Petoro AS (SDFI) and Equinor ASA to swap ownership interests - 2024-05-14 11:00
High production and good cash flow in the first quarter
[02.05.2024] - Press release - First quarter 2024
High production and good cash flow in the first quarter
Read more
High production and good cash flow in the first quarter - 2024-05-02 10:00
3000 billion kroner from the SDFI since 2001
[11.03.2024] - Press Release Petoro 2023 results
3000 billion kroner from the SDFI since 2001
Read more
3000 billion kroner from the SDFI since 2001 - 2024-03-11 10:00
Continued strong cash flow despite lower gas prices and maintenance
[07.11.2023] - Press release - Third quarter 2023
Continued strong cash flow despite lower gas prices and maintenance
Read more
Continued strong cash flow despite lower gas prices and maintenance - 2023-11-07 10:00
Petoro delivered NOK 180 billion to the state in the first half of 2023
[02.08.2023] - Press release - Second quarter 2023
Petoro delivered NOK 180 billion to the state in the first half of 2023
Read more
Petoro delivered NOK 180 billion to the state in the first half of 2023 - 2023-08-02 10:00
Strong cash flow continues in the first quarter - Petoro delivered 117 billion to the State
[09.05.2023] - Press release - First quarter 2023
Strong cash flow continues in the first quarter - Petoro delivered 117 billion to the State
Read more
Strong cash flow continues in the first quarter - Petoro delivered 117 billion to the State - 2023-05-09 10:00
528 billion to the Norwegian state in 2022 - a year of exceptions
[14.03.2023] - Press Release Petoro 2022 results
528 billion to the Norwegian state in 2022 - a year of exceptions
Read more
528 billion to the Norwegian state in 2022 - a year of exceptions - 2023-03-14 10:00
New development plan for Snøhvit delivered
[21.12.2022]
New development plan for Snøhvit delivered
Read more
New development plan for Snøhvit delivered - 2022-12-21 14:00
Plan for Dvalin North gas field submitted
[13.12.2022]
Plan for Dvalin North gas field submitted
Read more
Plan for Dvalin North gas field submitted - 2022-12-13