Reactivation of Three Gas Fields in the Southern North Sea
Sector: Oil and Gas • Location: Norway
Source: Inkorr
The Norwegian government is reactivating three previously mothballed gas fields in the southern North Sea, which were shut down in 1998, to bolster the European Union's energy security. The project involves investments of approximately 19 billion Norwegian kroner, with production expected to start by late 2028 and continue until 2048, producing an estimated 90 to 120 million barrels of oil equival
- Status
- Prospective
- Sector
- Oil and Gas, Government
- Location
- Norway
- Updated
- 22 Jul 2026
- Source
- Inkorr
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| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Norwegian government is reactivating three previously mothballed gas fields in the southern North Sea, which were shut down in 1998, to bolster the European Union's energy security. The project involves investments of approximately 19 billion Norwegian kroner, with production expected to start by late 2028 and continue until 2048, producing an estimated 90 to 120 million barrels of oil equivalent. |
Original sector | Energy |
Budget |
Location
Country | Norway |
Source
Source | Inkorr |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Government |
Article published date | 2026-05-09 |
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