Knarr is BG Group’s first floating vessel development in the North Sea. It will deliver vital resources to the European energy market.
The company has announched that Petrojarl Knarr floating production, storage and offloading (FPSO) vessel started production from the Knarr oil field in the North Sea, offshore Norway.
The FPSO has been leased from Teekay Corporation and is moored approximately 120 kilometres off the Norwegian coast. It has a production capacity of 63 000 barrels of oil equivalent per day and a storage capacity of 800 000 barrels.
The Knarr field, discovered in 2008, has estimated gross recoverable reserves of around 80 million barrels of oil equivalent with a production life of at least ten years.
Source: BG Group
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