Martin Quinlan, LONDON: Statoil has chosen a bold development plan for its Luva deep-water gasfield, which will see construction of a new gas-landing pipeline in northern waters and the country’s first use of a spar deep-water platform. Gas from the new area is to be landed to an expanded Nyhamna terminal, from which it will be exported through existing pipelines to continental Europe and the UK.
The Luva development, due on stream in 2016, will bring infrastructure to the Norwegian Sea’s remote Vøring basin, where other gas discoveries have been made and...