From Upstream Online:
Norwegian independent Det Norske Oljeselskap has submitted the plan for development and operation for the Froy field off Norway with the country’s Energy Ministry.
The Froy field, in PL 364, is expected to produce 56 million barrels of oil with initial production of 28,000 barrels of oil per day starting in the third quarter of 2012, Det Norske said.
The field will be developed using a jack-up platform with drilling and production facilities, with oil stored in a tank on the seabed prior to offloading.
Froy lies near the Heimdal field, about 200 kilometres west of Haugesund.