Vår Energi delays Balder X first oil Aug. 26, 2024 Vår Energi ASA will delay first oil from Balder X on the Norwegian continental shelf due to additional onshore work required for the Jotun FPSO.

Balder X is a key element to this plan and once the Jotun FPSO comes on stream, production from the field will be close to ...

Balder X is a key element to this plan and once the Jotun FPSO comes on stream, production from the field will be close to quadrupled, adding around 80boepd gross at peak.

Vår Energi ASA has postponed the production start date of its Balder X development project in the North Sea to the second quarter of 2025, instead of the fourth quarter of this year.

Balder X is a key element to this plan and once the Jotun FPSO comes on stream, production from the field will be close to quadrupled, adding around 80,000 boepd gross at peak,” Var Energi CEO ...

Balder X targeted start-up is based on FPSO sail away in August 2024. At Johan Castberg, the FPSO is currently at Stord (Norway) where completion and commissioning activities are progressing.

Var Energi Pushes Back First Oil at Balder X After ... The latest delay — preventing the installation of the Jotun FPSO before the winter weather period — will result in an additional ...

This $45 million is structured such that if 500,000 bbls (gross) isn't lifted from the Jotun FPSO before the 31st May 2025 then the full $45 million is not payable.

The guidance won’t be impacted by the Balder X delays, said Var, which is majority-owned by Italy’s Eni SpA. Var agreed a year ago to acquire the Neptune assets in a deal valued at $2.28 billion.

Norway's Vaar Energi, majority owned by Eni, said on Monday its Balder X development faces additional cost of $1.2 billion and that petroleum output will be delayed until the third quarter of 2024 ...

Balder X project update - Kistos shareholders protected from any delay Kistos (LON: KIST), notes that Var Energi ("Var" or "the Operator"), released an update for the Balder X project this morning ...