• Facebook
  • Twitter
  • Google+
  • Youtube
Saturday, November 8, 2025
  • Login
No Result
View All Result
NEWSLETTER
FINCHANNEL
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
No Result
View All Result
FINCHANNEL
No Result
View All Result
ADVERTISEMENT
Home Business Oil & Auto

Statoil: Developing Snefrid Nord

The FINANCIAL by The FINANCIAL
July 6, 2017
in Oil & Auto
Reading Time: 2 mins read
8
A A
0
Statoil: Developing Snefrid Nord
Share on FacebookShare on Twitter

The FINANCIAL — Statoil and partners have decided to develop the Snefrid Nord gas discovery near the Aasta Hansteen field in the Norwegian Sea.

The discovery, scheduled to come on stream in late 2019, will be tied back to Aasta Hansteen.

The authorities therefore today received a supplement to the Plan for Development and Operation (PDO) of the Aasta Hansteen field describing the Snefrid Nord development.

RelatedPosts

uto Angst: Warnings, Pitfalls, Q4 Buyers & Dealer Disruptions — CEO’s Breakdown

Elon Musk Calls for Netflix Boycott: A Clash of Ideologies and Interests

Trump ends ‘electric vehicle mandate,’ withdraws US from Paris climate agreement

Tesla Cybertruck is seized by police in UK due to Safety Concerns

Aker Solutions, the supplier of subsea equipment for the Aasta Hansteen development, will also deliver the single-slot subsea template, a suction anchor and umbilicals for the Snefrid Nord development.

The subsea template and suction anchor mooring it to the seabed will be delivered by Aker Solutions at Sandnessjøen, according to Statoil.

“We are pleased to see that Snefrid Nord generates spin-offs and activities at Helgelandskysten,” says Torolf Christensen, project director for Snefrid Nord and Aasta Hanste

The umbilicals will be delivered by Aker Solutions in Moss.

Subsea 7 will deliver flowlines and spools in addition to performing all subsea installations. They are also the supplier for Aasta Hansteen, and by using the same supplier for both projects Statoil expects to capture synergies.

All contracts are subject to MPE (Ministry of Petroleum and Energy) approval of the supplement to the Aasta Hansteen PDO.

See also  uto Angst: Warnings, Pitfalls, Q4 Buyers & Dealer Disruptions -- CEO's Breakdown

Snefrid Nord was discovered in 2015. Recoverable reserves are estimated at about five billion cubic metres of gas. The development concept includes one well in a single-slot subsea template. This will be tied back to the Aasta Hansteen platform through the Luva template six kilometres away.  Snefrid Nord will produce some four million cubic metres of gas per day in the plateau phase, the planned productive life being 5-6 yea

The capital expenditures for the Snefrid Nord development total about NOK 1.2 billion.

“Aasta Hansteen is a strategically important development as the platform and Polarled pipeline open a new area in the Norwegian Sea for gas exports to Europe. The projects also establish a new infrastructure, which will create opportunities for future field development projects in the area. Snefrid Nord is an excellent example of this,” says Siri Espedal Kindem, senior vice president for operations north in Statoil.

FACTS

Statoil Petroleum ASA is operator with an interest of 51 percent. The partners are Wintershall Norge AS (24%) OMV Norge AS (15%) and ConocoPhillips Skandinavia AS (10%)

Water depth: 1 312 meters

 

Related Posts

uto Angst: Warnings, Pitfalls, Q4 Buyers & Dealer Disruptions — CEO’s Breakdown
Oil & Auto

uto Angst: Warnings, Pitfalls, Q4 Buyers & Dealer Disruptions — CEO’s Breakdown

by The FINANCIAL
October 16, 2025
0

As the auto industry barrels toward year-end, the car buying landscape is shifting faster than most consumers or dealers can...

Read more
Elon Musk Calls for Netflix Boycott: A Clash of Ideologies and Interests

Elon Musk Calls for Netflix Boycott: A Clash of Ideologies and Interests

October 2, 2025
What Trump Said About China

Trump ends ‘electric vehicle mandate,’ withdraws US from Paris climate agreement

January 21, 2025
Tesla Cybertruck is seized by police in UK due to Safety Concerns

Tesla Cybertruck is seized by police in UK due to Safety Concerns

January 17, 2025

Discussion about this post

  • Trending
  • Comments
  • Latest
Gates back with Bezos in rare $100 billion club

Gates back with Bezos in rare $100 billion club

March 25, 2019
Ampersand wins £22m five-year contract at London Zoo

Ampersand wins £22m five-year contract at London Zoo

June 25, 2012
Americans Divided on Leaving Fat, Sugar, Salt Off the Plate

Health & Beauty 2007

November 26, 2007
Study uncovers potential tool, based on rapid eye movements, for detecting autism earlier

World Autism Awareness: Can reading fiction help autism disorders?

April 6, 2016

Georgia – a country between Poland and Korea

June 13, 2014
Household expenditure increased 4% in 2021

External Headwinds Weaken Fiscal Consolidation in Asia-Pacific

November 4, 2025
Protected: Your Home, Always On: The Ultimate Whole-Home Battery Backup and Solar Generator Solution

Protected: Your Home, Always On: The Ultimate Whole-Home Battery Backup and Solar Generator Solution

November 4, 2025

Simplifying Business Protection with Comprehensive Packages

November 2, 2025
Boosteroid Leadership Wins Two Gold Globee Awards for Business Excellence

Boosteroid Leadership Wins Two Gold Globee Awards for Business Excellence

November 2, 2025
U.S.-China: Mutually Assured Disruption

U.S.-China: Mutually Assured Disruption

November 2, 2025
ADVERTISEMENT

Popular Last 24h

  • Study uncovers potential tool, based on rapid eye movements, for detecting autism earlier

    World Autism Awareness: Can reading fiction help autism disorders?

    3684 shares
    Share 1474 Tweet 921
  • Georgia – a country between Poland and Korea

    3676 shares
    Share 1470 Tweet 919
  • Health & Beauty 2007

    3639 shares
    Share 1456 Tweet 910
  • OPINION: Forging resilient regional supply chains and connectivity

    3724 shares
    Share 1490 Tweet 931
  • Business Activities in Decline since Parliamentary Elections

    3680 shares
    Share 1472 Tweet 920
  • Technology and Automation Drive Global Change in Manufacturing Sector

    3630 shares
    Share 1452 Tweet 908
  • Gates back with Bezos in rare $100 billion club

    1980 shares
    Share 792 Tweet 495

LATEST POSTS

Household expenditure increased 4% in 2021

External Headwinds Weaken Fiscal Consolidation in Asia-Pacific

November 4, 2025
Protected: Your Home, Always On: The Ultimate Whole-Home Battery Backup and Solar Generator Solution

Protected: Your Home, Always On: The Ultimate Whole-Home Battery Backup and Solar Generator Solution

November 4, 2025

Simplifying Business Protection with Comprehensive Packages

November 2, 2025
Boosteroid Leadership Wins Two Gold Globee Awards for Business Excellence

Boosteroid Leadership Wins Two Gold Globee Awards for Business Excellence

November 2, 2025
U.S.-China: Mutually Assured Disruption

U.S.-China: Mutually Assured Disruption

November 2, 2025
Lenders continue to provide financial support for customers impacted by Covid-19

Protected: Key Terms and Conditions Associated with Mortgage Loans

November 2, 2025
Leen Kawas on Redefining Capital Efficiency in Biotechnology Development

Leen Kawas on Redefining Capital Efficiency in Biotechnology Development

November 2, 2025
Lavrov’s remarks at the 3rd Minsk International Conference on Eurasian Security, Minsk, October 28, 2025

Lavrov’s remarks at the 3rd Minsk International Conference on Eurasian Security, Minsk, October 28, 2025

October 29, 2025
Lavrov’s remarks at the 3rd Minsk International Conference on Eurasian Security, Minsk, October 28, 2025

Lavrov’s Rhetoric: The Psychology Behind Russia’s Diplomatic Defiance

October 29, 2025
Harnessing Land Data Technology to Revolutionize Infrastructure Projects

Harnessing Land Data Technology to Revolutionize Infrastructure Projects

October 29, 2025

LATESTBUSINESS

Boosteroid Leadership Wins Two Gold Globee Awards for Business Excellence

Boosteroid Leadership Wins Two Gold Globee Awards for Business Excellence

by The FINANCIAL
November 2, 2025
0

Redefining Urban Living Through Harmony Between  City and Nature

Redefining Urban Living Through Harmony Between City and Nature

by The FINANCIAL
October 28, 2025
0

Building the Future, Respecting the Past

Building the Future, Respecting the Past

by The FINANCIAL
October 28, 2025
0

Building Innovation  and Quality in Georgia’s Construction Industry

Building Innovation and Quality in Georgia’s Construction Industry

by The FINANCIAL
October 28, 2025
0

Urban Tbilisi 2025 Forum: Shaping the Future of City Development

Urban Tbilisi 2025 Forum: Shaping the Future of City Development

by The FINANCIAL
October 28, 2025
0

Why GameZone’s Smooth Interface Redefines the Tongits ZingPlay Experience

Why GameZone’s Smooth Interface Redefines the Tongits ZingPlay Experience

by The FINANCIAL
October 24, 2025
0

Keepz Brings Georgia Its First 24/7 Instant Bank-to-Bank Transfer Service

by The FINANCIAL
October 23, 2025
0

Protected: Boost Productivity With Custom Enterprise App Development

Protected: Boost Productivity With Custom Enterprise App Development

by The FINANCIAL
October 23, 2025
0

GET IN TOUCH

Submit guest post/Letters to the Editor:

editor (at) finchannel.com

Sales & Marketing: (+995 558) 03 03 03 Email: marketing (at) finchannel.com

Whatsup: (+995 599) 96 52 52

Georgia:

(+995 599) 96 52 52 Email: editor (@) finchannel.com

Postal address: 17 Mtskheta str. Tbilisi, Georgia 0179 The FINANCIAL

RESOURCE

  • Work at the FINANCIAL
  • ePaper
  • Advertise in The FINANCIAL
  • Access ePaper
  • Guest posts
  • Contributed articles
  • AmericanStockNews
  • Coupon Codes
  • GLOSSY MAG
American Culture Center
ACC Partner

GUIDEBOOK

  • Meet our team
  • Invest in Georgia
  • Become contributor
  • Archive

FOLLOW US

  • Facebook
  • Twitter
  • Google+
  • Youtube
No Result
View All Result
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE

© 2025 Intelligence Group llc

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.