Norway is already the strongest production country in DEAâs global portfolio. Further growth projects are planned to come on stream from 2020 on. The most important project is the development of the own operated Dvalin gas field. DEA aims to double its current production on the Norwegian Continental Shelf (NCS).
âAs part of our long-term growth strategy, we are investing more than two billion Euros in our development projects on the NCSâ?, says the CEO of DEA, Maria Moraeus Hanssen during the ONS 2018 in Stavanger. âDEA has a significant and balanced portfolio in all areas of the Shelf. We are currently focused on our own operated Dvalin project, with planned production starting in 2020, into which the majority of the investments goes. However, with 50%, we are also the main shareholder in the Njord development. Together with operator Equinor we are upgrading the existing Njord installations and plan to add further value by developing and integrating the Bauge fieldsâ?, she adds.
Furthermore, DEA is partner in the Nova field development in the Norwegian North Sea, where production start is planned for 2021. âThe goal is to have doubled our production in Norway when all these projects are up and running. This will further strengthen our position as one of the main players on the NCSâ?, Maria Moraeus Hanssen underlines.
