Varg ship reaches Norway

September 8, 1998, 07:00 CEST

The production ship for Saga Petroleum's Varg development reached Norway on Saturday morning after a 46-day voyage from Far East Levingston Shipbuilding (Fels) in Singapore.

"This vessel will now spend about 19 days at the quayside in Stavanger," reports Lasse Holen, head of the Varg business unit in Saga.

Equipment for flexible flowlines and 10 anchor chains is due to be installed before the ship leaves for the Norwegian North Sea field.

Plans call for testing and completion on the field to continue until 20 December, when oil production is due to begin.

With a daily capacity of 57,000 barrels, the ship measures 214 metres long and 38 metres wide. It will be tied to a wellhead platform, with processed oil being transferred to shuttle tankers.

Saga has a 35 per cent interest in Varg, Statoil 35 per cent and the state's direct financial interest 30 per cent.