Who we are
Oil and gas
The Duva oil and gas field is Neptune’s first discovery in the Norwegian North Sea. It is located 14 km northeast of the Neptune-operated Gjøa field at a water depth of 340 metres. Gross 2P reserves are 88 mmboe (gas 76%).
To maximise synergies, the Duva development project is being coordinated with the redevelopment of Gjøa P1. Duva is being developed as a subsea installation with two oil producers and one gas producer in a tie-back to Gjøa. The field will be operated from the Gjøa semi-submersible platform via a dedicated umbilical.
As at 21/03/19
The final investment decision and full partner sanction were achieved in February 2019. The Duva Development PDO (plan for development and operation) was submitted on 21 February 2019.
On 1 March 2019, we issued a letter of intent for the subsea production systems and subsea umbilicals, risers and flowlines systems (SPS/SURF) contract. On 19 March 2019, we awarded a rig contract using the Beacon Atlantic semi-submersible drilling unit.
Neptune Energy (30%), Idemitsu Petroleum Norge (30%), Pandion Energy (20%), Wellesley Petroleum (20%).