Neptune Energy Extends Higher Gas Supplies to UK for This Winter

Source Press Release
Company Neptune Energy GroupIdemitsuInpex CorporationPetoro ASPGNiG SASval Energi ASWintershall Dea GmbH 
Tags Oil & Gas Trading, Production/Development, Upstream Activities
Date October 06, 2022

Neptune Energy and its partners today announced an extension of higher gas production from the Duva field in Norway, supplying enough gas to heat a further 550,0001 UK homes per day. 

In April, Norwegian authorities granted Neptune and the Duva licence partners a permit to temporarily increase gas production by 6,500 barrels of oil equivalent per day (boepd) until September. Under the new permit, the higher production rate will be maintained until the end of 2022.

Duva's overall production is around 40 kboepd, of which 15 kboepd is natural gas. Duva is tied back to the Neptune-operated Gjøa platform, and the gas is transported by pipeline to the UK’s St Fergus gas terminal.  

Neptune Energy’s Managing Director in Norway, Odin Estensen, said: “We are pleased that we, together with our partners and in cooperation with Norwegian authorities, can maintain export of additional and much-needed volumes of gas to the UK this winter.”  

Electrified with hydropower from shore, CO2 emissions per boe on the Gjøa platform are less than half the average on the Norwegian Continental Shelf. 

Duva is a subsea installation with three oil producers and one gas producer, tied back to the Neptune-operated Gjøa semi-submersible platform. 

Duva licence partners: Neptune Energy (30% and operator), INPEX Idemitsu (30%), PGNiG Upstream Norway (30%) and Sval Energi (10%).  

Gjøa licence partners: Neptune Energy (30% and operator), Petoro (30%), Wintershall Dea Norge (28%), OKEA (12%)

Source: EvaluateEnergy® ©2024 EvaluateEnergy Ltd