North Sea Reporter

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Statoil opts for Norwegian first in spar choice to develop Luva field

Statoil has chosen a spar platform to develop the deepwater Luva field, discovered in 1997 in well 6707/10-1 (PL218), in the Norwegian Sea. This will be the first time such a concept has been used off Norway. The spar will also enable the future tie-in of other discoveries in the same area, says Ivar Aasheim, senior vice-president for field development on the Norwegian Shelf. First gas from Luva, which has estimated recoverable reserves of 40-60 Bcm, is expected in 2016.
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