Skarv will plateau at 532 MMcf/d - equating to 5% of Norway's gas exports - with liquids output peaking at 85,000 b/d and has recoverable gas reserves of 43.4 Bcm. Its start-up has been pushed back from the second quarter of 2012 to the last quarter - one year later than originally planned. The delayed project is based on a new floating production, storage and offloading (FPSO) vessel in the Norwegian Sea and is set to produce for 25 years and to be a key hub for BP in Norway. BP plans to install a new platform at the Skarv gas field, extending production out to 2050. Having just established its first 4G network for Shell on the Norwegian continental shelf, Maritime Communication Partner explains what better connectivity will mean for the offshore sector. ![]() In Norway, BP is in the final stages of completing two major projects - Skarv and the redevelopment of the Valhall field, which is expected to double BP's Norwegian output to over 60,000 boe/d. Reliable, high-speed communications technologies are transforming the offshore environment, improving the day to day lives of offshore workers. The sale also forms part of BP's broader $38 billion divestiture program to cover liabilities stemming from the Gulf of Mexico oil spill disaster in 2010 - it has now agreed sales totaling $33 billion. In a statement the UK major said the agreement is a further example of its plans to develop a more focused North Sea business. Saga Petroleum found gas in the Midgard field in 1981 with its third well in the area, while Statoil and Shell discovered Smørbukk and Draugen respectively in 1984. Completion of the deal is anticipated by the end of 2012, subject to regulatory approval. After exploration drilling was permitted above the 62nd parallel (the northern limit of the North Sea) in 1980, a number of discoveries were made on the Halten Bank. BP's interest in Draugen totals around 6,000 b/d of production net to BP. Norske Shells Draugen platform, which is located in block 6407/9 in the Norwegian Sea. BP announced Thursday the $240 million sale of its 18.36% minority stake in the Draugen field in the Norwegian Sea to field operator Royal Dutch Shell (OD Jul.5'12).
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