Goliat field is an offshore oil field in the Norwegian sector of the

Barents Sea The Barents Sea ( , also ; no, Barentshavet, ; russian: Баренцево море, Barentsevo More) is a marginal sea of the Arctic Ocean, located off the northern coasts of Norway and Russia and divided between Norwegian and Russian territo ...

. It is located northwest of

Hammerfest Hammerfest (; sme, Hámmerfeasta ) is a municipality in Troms og Finnmark county, Norway. Hammerfest is the northernmost town in the world with more than 10,000 inhabitants. The administrative centre of the municipality is the town of Hammerf ...

. The license is owned by Vår Energi AS (operator, 65%) and

Equinor ASA Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state-owned multinational energy company headquartered in Stavanger. It is primarily a petroleum company, operating in 36 countries with additional investments in renewable energy. I ...

(35%). It was awarded in 1997. Oil was discovered in 2000. The field development concept was approved by the Government of Norway on 8 May 2009. The field will be developed by using Goliat FPSO, a

floating production storage and offloading unit A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive h ...

. Goliat field has two main formations (Kobbe and Realgrunnen) and two minor formations (Snadd and Klappmyss). Recoverable reserves are . The production was expected to start in summer 2015 on Goliat oil platform, but this was delayed. Production started in April 2016. Goliat is the northernmost sea oil platform at the moment. Production is estimated to continue for 10–15 years. The associated gas will be reinjected to increase oil recovery or will be transported to the processing plant at Melkøya. Production takes place through a subsea system consisting of 22 wells, and of which 12 are oil producers, 7 water injectors and 3 gas injectors. The platforms operation has been halted temporarily in October 2017 due to some of the electrical equipment not being suitable for hazardous areas. A new reservoir was uncovered in 2018 in the southern Hammerfest Basin.

References

{{Resources in Norway Oil fields in Norway Eni Equinor oil and gas fields Barents Sea Natural gas fields in the Arctic Ocean