Wintershall submits PDO for Nova field

Wintershall together with its partners Capricorn, Spirit Energy, Edison and DEA submitted the plan for development and operation for its operated North Sea Nova field to the Norwegian Ministry of Petroleum and Energy. It is the first PDO on the Norwegian continental shelf submitted in 2018. The milestone comes after the successful development of Wintershall’s Maria field which the company brought into production in December 2017.

Nova will be Wintershall Norge’s third operated subsea field. In December 2017, the company delivered the Maria field in the Norwegian Sea below budget and almost a year ahead of schedule.

Nova will be developed as a subsea tie-back connecting two templates to the nearby Gjøa platform for processing and export. Gjøa will also provide lift gas to the field and water injection for pressure support. Power for the Nova field comes via the Gjøa platform from shore.

Total investments (CAPEX) in the Nova development are estimated at around NOK 9.9bn (EUR 1.1bn). Recoverable reserves on the field are estimated around 80 million barrels of oil equivalent (boe), of which the majority is oil. Pending final approval by the Norwegian authorities, the license partnership now enters the execution phase of the development, constructing the field ahead of planned start up in 2021.

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