The platform and the floating storage and offloading vessel (FSO) have undergone extensive upgrades and are now ready for doubling the field life – and more than doubling production.
Neptune Energy and its partners, Vår Energi, Sval Energi and DNO, today announced production has commenced from the Fenja oil and gas field in the Norwegian Sea.
Bauge is tied back to the recently upgraded Njord platform. Recoverable reserves in Bauge are estimated at 50 million barrels of oil equivalent, mainly oil.
Norway has the largest underground storage potential in Europe and can play a key role in efforts to achieve climate targets when efficiently linked to continental European emitters.
