Two of Statoil’s oil and gas fields in the North Sea have now started production.
Fram H-North is estimated to contain around 10 million barrels of oil equivalent while the Svalin C field has just over 30 million barrels of oil equivalent.
The two fields mark the Norwegian firm’s eighth and ninth “fast track” developments, which are aimed at cutting start up times.
Ivar Aasheim, Statoil’s Head of field development on the Norwegian Shelf said: “Together with partners, authorities and suppliers we have been able to develop standardised technical solutions and methods of interaction that yield increased production from the Norwegian Shelf.”
Fram H-North is located in the Troll area and Svalin C is located in the Grane area.