Article

ConocoPhillips and its partners plan to invest NOK 20 billion ($2.11 billion) to restart production at three fields in the Greater Ekofisk area by the end of 2028. The Previously Produced Fields (PPF) project targets late-life Albuskjell, Vest Ekofisk, and Tommeliten Gamma fields, which were shut in 2019.

ConocoPhillips estimates these fields contain 90 million-120 million barrels of oil equivalent in natural gas and condensate. ConocoPhillips holds a 35.1% stake in Albuskjell and Vest Ekofisk, and 28.3% in Tommeliten Gamma.

Other partners include Vaar Energi, Orlen Upstream, and Petoro. Gas production is expected to commence in the final quarter of 2028.