Shell Gains Approval for Ormen Lange Gas Field Expansion
OSLO (Reuters) - Norway's Ocean Industry Authority said on Wednesday it has given Gassco and Shell consent for the startup of production from the Ormen Lange gas field's third phase.
The goal of the project has been to increase the recovery rate from the Ormen Lange field to 85% of the total resources from 75% previously, while also accelerating gas production, the regulatory agency said.
The Ormen Lange field in the Norwegian Sea was discovered in 1997 and began production in 2007.
(Reporting by Terje Solsvik, editing by Stine Jacobsen)
