This news is classified in: Traditional Energy
Dec 23, 2019
Equinor and Rosneft have taken an investment decision on the first stage of the North Komsomolskoye full field development.
“This is an important milestone in the joint project that we have been working on for seven years,” says Elisabeth Birkeland Kvalheim, Country manager for Equinor in Russia.
The North Komsomolskoye project was a part of the strategic cooperation agreement signed by Rosneft and Equinor in May 2012.
Since 2018, the partnership has carried out test production in the field to better understand the reservoir properties and lay the ground for the full field development decision.
Forecasts by (Type/Class, Work-class, Observation-class, Intervention-class), by Industry (Oil and Gas, Offshore Wind, Defence, Research and Surveying , Others), by Application (Construction Support, Drilling Support, Inspection, Repair, and Maintenance (IRM), Others), by Depth (Less than 5,000 Feet, 5,000-10,000 Feet, Above 10,000 Feet), by Payload (Less than 200 kg, 201-300 kg, Above 300 kg), by Weight (OCROV (up to 91 kg), MSROV (91 kg to 907 kg), WCROV (Above 907 kg)), by Function (Intervention, Crawler, Pipelay, Trenching, Others) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis
Download free sample pages“During these years we have built a strong working relationship with Rosneft and demonstrated that we can execute efficiently and safely together. This forms a good basis for the next phases of the project,” says Kvalheim.
North Komsomolskoye is a conventional onshore oil and gas field located in Western Siberia in Russia.
Equinor holds 33,33% and Rosneft holds 66,67% interest in the joint venture company SevKomNeftegaz that owns the license for the North Komsomolskoye field.
Total recoverable volumes for stage one are estimated at 250 million barrels of oil and 23 bcm of gas.