Statoil, along with his partners, will develop the Snefrid Nord gas discovery located close to the Aasta Hansteen field in the Norwegian Sea.
Expected to become operations in late 2019, the Snefrid Nord gas discovery will be connected to Aasta Hansteen field.
Statoil consortium has submitted a supplement to the related authorities for the plan for development and operation (PDO) of the Aasta Hansteen field.
The cost for the development of Snefrid Nord discovery is expected to be around NOK1.2bn ($119m).
Discovered in 2015, Snefrid Nord is expected to hold around five billion cubic metres of gas reserves.
With a product life of between five and six years, Snefrid Nord will discovery will produce around four million cubic metres of gas per day.
Aker Solutions, which supplies subsea equipment for the Aasta Hansteen development, will also provide single-slot subsea template, suction anchor and umbilicals for the Snefrid Nord development.
The company will deliver subsea template and suction anchor mooring it to the seabed at Sandnessjøen, while it will deliver umbilicals at Moss.
Subsea 7 will supply flowlines and spools, in addition to carrying out all subsea installations. It is also the supplier for Aasta Hansteen.
Snefrid Nord and Aasta Hanste project director Torolf Christensen said: “We are pleased to see that Snefrid Nord generates spin-offs and activities at Helgelandskysten,”
Statoil operations senior vice president Siri Espedal Kindem said: “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.”
Image: Upending operation of the huge substructure for the Aasta Hansteen gas platform in Klosterfjorden near Haugesund. Photo: courtesy Espen Rønnevik and Roar Lindefjeld/Statoil.