Oseberg Transport System
Encyclopedia
Oseberg Transport System (OTS) is a pipeline system in western Norway
. It is 115 km (71.5 mi) long and runs from Oseberg
, Veslefrikk, Brage
, Frøy and Lille-Frigg to Sture terminal
, located 65 kilometres (40.4 mi) north of Bergen
, Norway. The operation of the pipeline was commenced in 1988. Total investment in the pipeline construction was about 9.8 billion NOK
and includes other licensees.
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
. It is 115 km (71.5 mi) long and runs from Oseberg
Oseberg oil field
Oseberg is an offshore oil field with a gas cap in the North Sea located northwest of the city of Bergen on the southwestern coast of Norway....
, Veslefrikk, Brage
Brage oil field
Brage is an offshore oil field in the North Sea located northwest of the city of Bergen on the western coast of Norway and east of Oseberg Field Center. The field also contains gas. The water depth at the location is...
, Frøy and Lille-Frigg to Sture terminal
Sture terminal
Sture Terminal is an oil terminal at Stura in Øygarden municipality, northwest of Bergen, Norway. It receives oil and condensate from Oseberg, Veslefrikk, Brage, Oseberg Sør, Oseberg Øst, Tune and Huldra fields through Oseberg Transport System and oil from Grane oil field through Grane oil...
, located 65 kilometres (40.4 mi) north of Bergen
Bergen
Bergen is the second largest city in Norway with a population of as of , . Bergen is the administrative centre of Hordaland county. Greater Bergen or Bergen Metropolitan Area as defined by Statistics Norway, has a population of as of , ....
, Norway. The operation of the pipeline was commenced in 1988. Total investment in the pipeline construction was about 9.8 billion NOK
Norwegian krone
The krone is the currency of Norway and its dependent territories. The plural form is kroner . It is subdivided into 100 øre. The ISO 4217 code is NOK, although the common local abbreviation is kr. The name translates into English as "crown"...
Technical features
The pipeline is placed in a tunnel close to the coast line. The tunnel is 2.3 kilometres (1.4 mi) long and its opening is at depth of 80 metres (262.5 ft). The pipeline diameter is 28 inches (711.2 mm). The capacity of OTS is 765000 oilbbl/d. Operating life is expected to be nearly 40 yearsOwnership
The OTS is operated by Norsk HydroNorsk Hydro
Norsk Hydro ASA is a Norwegian aluminium and renewable energy company, headquartered in Oslo. Hydro is the fourth largest integrated aluminium company worldwide. It has operations in some 40 countries around the world and is active on all continents. The Norwegian state holds a 43.8 percent...
and includes other licensees.
Company | Share |
---|---|
Petoro AS Petoro Petoro, a company wholly owned by the state of Norway, manages Norway's portfolio of exploration and production licenses for petroleum and natural gas on the Norwegian continental shelf. This portfolio is collectively called State's Direct Financial Interest . The company also has a control... |
48.38% |
Norsk Hydro | 22.24% |
Statoil ASA Statoil Statoil ASA is a Norwegian petroleum company established in 1972. It merged with Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA. The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro... |
14.0% |
TOTAL E&P NORGE AS | 8.65% |
Mobil Development Norway ExxonMobil Exxon Mobil Corporation or ExxonMobil, is an American multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. Its headquarters are in Irving, Texas... |
4.33% |
Norske Conoco A/S ConocoPhillips ConocoPhillips Company is an American multinational energy corporation with its headquarters located in the Energy Corridor district of Houston, Texas in the United States... |
2.4% |