Cost-effective subsea development
Breidablikk is a particularly cost-effective field for its size, designed as a purely subsea development and utilising existing infrastructure both offshore and onshore.
The field was completed on budget and started producing four months ahead of schedule. Climate emissions from the development were significantly lower than comparable developments due to the choice of subsea solution and the re-use of the existing Grane platform. This platform's operative life can now be extended until 2060, safeguarding jobs and value creation for a generation to come.
The project has had major ripple effects in Norway. More than 90 percent of the contract value has gone to suppliers with a Norwegian billing address. The main suppliers are Odfjell Drilling in Bergen, Aker Solutions, with large deliveries from Egersund, Wood Group in Sandefjord, and TechnipFMC, from their spoolbase in Orkanger.
Investments in the project are expected to be just over NOK 21 billion (2023 value).