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18 April 2016

Goliat field officially opened

The Goliat field was officially inaugurated by Norway’s Minister of Petroleum and Energy, Mr Tord Lien, on April, Monday 18, 2016.

Goliat is the first oil field to come on stream in the Barents Sea. The field applies several ground breaking technologies, which will also benefit the industry in future developments. The Goliat project development execution has contributed to substantial ripple effects, positively impacting the supplier industry in all of Norway, and Northern Norway in particular. Goliat operations will deliver considerable income both to the state and the partnership in the years to come.

“This is a proud moment for everyone in Eni Norge. It is the culmination of years of hard work by many dedicated people. We are now entering into a new phase as operator on the Norwegian continental shelf. The start-up of production from Goliat is an important milestone in Eni’s growth strategy”, says Andreas Wulff, External Communication Manager.

Production at Goliat started safely in the evening of March 12, 2016, and was followed by a rapid production ramp-up of all wells. Full re-injection of associated gas into the reservoir has started and re-injection of produced water in order to minimise environmental impact will soon commence.

Eni, operating through its subsidiary Eni Norge AS, has been present in Norway since 1965. The company has interests in exploration licences and producing fields such as Ekofisk, Norne, Åsgard, Heidrun, Kristin, Mikkel and Urd, with a total production in 2015 of 106,000 boed.
With Goliat, eni Norge production will grow above 160,000 boed net to Eni.

Specially built for the Barents Sea
The Goliat field is located 88 km north west of Hammerfest. Goliat is the world’s largest and most sophisticated circular, floating, production, storage and offloading (FPSO ) unit. The platform is fully winterised and is specially designed for operations in the Barents Sea. It is powered from shore through a subsea electrical cable, which, at the time of construction, was the longest of its kind ever made. Power from shore reduces CO₂ emissions from Goliat by up to 50 per cent. This equals the emissions from 50 000 cars annually.

The platform has a production capacity of 100,000 barrels of oil per day and storage capacity of 950.000 barrels. Its estimated recoverable reserves are ca 180 million barrels of oil. Field life is currently estimated to 20 years, with significant upside already identified.

Ripple effects
The Goliat development project has led to major ripple effects in Northern Norway. Recent research shows that goods and services worth around 1,3 billion NOK have been supplied by regional suppliers, creating ca 450 jobs. Further positive impacts have been seen in areas such as education, R&D, culture and the travel industry. Major additional ripple effects resulting from Goliat operations and maintenance are expected in the future.

Emergency preparedness
Goliat brings new technologies and standards for oil spill preparedness on the Norwegian Continental Shelf. For the first time in Norway, the local fishing fleet is a permanent part of the oil spill preparedness organisation.

Photos from the opening