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N Sea Nova Field Can Start Production

OIL

Norway have granted consent to start production from the Nova field in the North Sea.

  • Oil and gas from the Nova field will be transported via pipeline to the Gjoa gas field.
  • Wintershall Norge estimates the reserves at about 90m boe with start-up expected around 31st July.
  • Wintershall is operator with a 45% stake in the license
  • Production from Nova is expected to last for approximately nine years.

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