Established in April 1981 by its parent company Kuwait Petroleum Corporation (KPC), Kuwait Foreign Petroleum Exploration Company (KUFPEC) is an international upstream company, engaged in exploration, development and production of crude oil and natural gas outside the State of Kuwait
KUFPEC is active in 13 countries spanning five continents: Australia, Asia, Africa, North America and Europe.
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On September 16th 14:46 hrs, production has started from the Utgard gas and condensate field, where KUFPEC has a participating interest of 6.2%. The field stretches across the Norwegian-UK border in the North Sea.
The project was delivered without any serious personal injuries, ahead of schedule and 25% below the cost estimate.The field development consists of two wells in a subsea template tied back to the Sleipner field by a pipeline and an umbilical.
Utgard will be remote-operated from the Norwegian Sleipner field, where the well stream will be processed before dry gas is transported to the market through the Gassled pipeline system, and liquids are sent through existing pipeline to Kårstø onshore terminal for further export to Europe. Utgard will also utilize Sleipner’s facility for CO2 purification and storage.
By reusing the existing Sleipner infrastructure, it is possible to realize smaller discoveries that would not otherwise have been profitable enough to develop.
Facts about Utgard: