• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, July 4, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Equinor Begins Production At The Bauge Field

April 17, 2023
Stephen M.Cby Stephen M.C
in Extractives/Energy
0
Equinor Begins Production At The Bauge Field

Norwegian oil and gas firm Equinor disclosed on Monday that it has started production in the Bauge subsea field in the Norwegian Sea. 

Trond Bokn, Equinor’s Senior Vice President for Project Development,  expressed his delight at the commencement of the production and thanked the various companies and individuals who played critical roles in the success of the project.

“The subsea facility was built and installed without a single HSE incident. I am very proud of this, and I would like to thank our suppliers, particularly the main suppliers Randaberg Industries, Ocean Installer and OneSubsea. This shows that zero-harm vision is possible. Capital expenditures totaling NOK 4.6 billion (2023) the project was delivered within budget.”

Trond Bokn

Meanwhile, the Norwegian content of the Bauge project is well over 90 percent. The wells were delivered faster than planned by Transocean and Schlumberger, Equinor said.

RelatedPosts

Crude Oil Prices Rise Modestly Amid Trade Uncertainty

GoldBod Commits to Interbank Forex Rates After Black Market Controversy

GNPC Expands Offshore Safety Outreach to Fishing Communities 

Equinor in a statement disclosed that the project has been run in parallel with the extensive upgrading of Njord A (Aker Solutions) and the Njord Bravo FSO (Aibel).

Grete B. Haaland, Senior Vice President for Exploration & Production North, on his part, noted that the Njord upgrading enables it to tie in new, valuable discoveries such as Bauge. “By utilising existing infrastructure, we can realise profitable development of small-size discoveries in line with the company’s strategy. We are planning further exploration activity in the area,” said Haaland.

Estimated Recoverable Reserves in Bauge

Bauge is tied back to the recently upgraded Njord platform. Recoverable reserves in Bauge are estimated at 50 million barrels of oil equivalent, mainly oil.

Bauge consists of two oil producers in a subsea template, in addition to pipelines and an umbilical connecting the wells to the Njord A platform. The Bauge licensees are Equinor (operator), Wintershall Dea, VÃ¥r Energi and Neptune Energy.

The Njord field came on stream in 1997. In 2016, the installations were brought ashore for extensive upgrading and in December 2022 the field came onstream again.

The field will now produce for another 20 years, and the ambition is to produce about the same volume from Njord and Hyme as the fields have produced so far, some 250 million barrels of oil equivalent.

The Bauge was licensed by Equinor Energy AS (operator), with 42.5%, and Wintershall Dea Norge AS: at 27.5%, VÃ¥r Energi ASA at 17.5%, and Neptune Energy AS at 12.5%. The water depth is 282 metres.

Bauge was discovered in 2013, and the plan for development and operation (PDO) was approved in June 2017.

The oil from Bauge is transported by pipeline from Njord A to the Njord Bravo FSO, and onwards by tankers to the market. The gas is transported in a 40-kilometer pipeline from Njord A to the Åsgard Transport System, and on to the Kårstø terminal.

READ ALSO: Fierce Fighting In Sudan Continues For Third Day

Tags: EquinorNjord AOneSubsea.The Bauge Field
Please login to join discussion
Previous Post

May God Forgive My Eyes – Moesha Buduong Reacts

Next Post

Kara-Murza Gets 25 Years Imprisonment

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Lil Win Targets Global Fame with New Movie
Entertainment

Lil Win Targets Global Fame with New Movie

July 4, 2025
Hon. Muntaka Mohammed-Mubarak, Police, Service
General News

Ghana Police Launch 24-Hour Economy Security Secretariat

July 4, 2025
Brent Crude Could Spike to $110 – Goldman Sachs 
Extractives/Energy

Crude Oil Prices Rise Modestly Amid Trade Uncertainty

July 4, 2025
GIIF, AFDBank & 24-Hour Secretariat leadership at the signing of the landmark agreement
Economy

GIIF, AfDB, and 24H+ Secretariat Sign Landmark Agreement to Develop Volta Economic Corridor

July 4, 2025
Anthony Elanga
Sports

Newcastle Closing a Deal for Anthony Elanga

July 4, 2025
Ghana Stock Exchange Shatters Records with Over GHS1 Billion Trading in a Single Day
Securities/Markets

Ghana Stock Exchange Shatters Records with Over GHS1 Billion Trading in a Single Day

July 4, 2025
Lil Win Targets Global Fame with New Movie
Entertainment

Lil Win Targets Global Fame with New Movie

by Esther Korantemaa OffeiJuly 4, 2025
Hon. Muntaka Mohammed-Mubarak, Police, Service
General News

Ghana Police Launch 24-Hour Economy Security Secretariat

by Silas Kafui AssemJuly 4, 2025
Brent Crude Could Spike to $110 – Goldman Sachs 
Extractives/Energy

Crude Oil Prices Rise Modestly Amid Trade Uncertainty

by Prince AgyapongJuly 4, 2025
GIIF, AFDBank & 24-Hour Secretariat leadership at the signing of the landmark agreement
Economy

GIIF, AfDB, and 24H+ Secretariat Sign Landmark Agreement to Develop Volta Economic Corridor

by Evans Junior OwuJuly 4, 2025
Anthony Elanga
Sports

Newcastle Closing a Deal for Anthony Elanga

by Evans Junior OwuJuly 4, 2025
Ghana Stock Exchange Shatters Records with Over GHS1 Billion Trading in a Single Day
Securities/Markets

Ghana Stock Exchange Shatters Records with Over GHS1 Billion Trading in a Single Day

by Stephen M.CJuly 4, 2025
Lil Win Targets Global Fame with New Movie
Hon. Muntaka Mohammed-Mubarak, Police, Service
Brent Crude Could Spike to $110 – Goldman Sachs 
GIIF, AFDBank & 24-Hour Secretariat leadership at the signing of the landmark agreement
Anthony Elanga
Ghana Stock Exchange Shatters Records with Over GHS1 Billion Trading in a Single Day
[/vc_row_inner]

Recent News

  • Lil Win Targets Global Fame with New Movie
  • Ghana Police Launch 24-Hour Economy Security Secretariat
  • Crude Oil Prices Rise Modestly Amid Trade Uncertainty
  • GIIF, AfDB, and 24H+ Secretariat Sign Landmark Agreement to Develop Volta Economic Corridor
  • Newcastle Closing a Deal for Anthony Elanga
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

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
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.