Goliat is a producing conventional oil field located in deepwater in Norway and is operated by Var Energi. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 7122/7P (PL 229), 7122/11P (PL 229 B), 7122/8P (PL 229), and 7122/10P (PL 229), with water depth of 1,292 feet. Buy the profile here.
An expansion project is associated with the Goliat, namely the Goliat Infill Development. This project is currently in the feasibility stage, expected to start in 2026.
Field participation details
The field is owned by Eni, Equinor and HitecVision.
Production from Goliat
The Goliat conventional oil field recovered 66.01% of its total recoverable reserves, with peak production in 2018. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036. The field currently accounts for approximately 1% of the country’s daily output.
Contractors involved in the Goliat conventional oil field
The key contractors involved in the Goliat project as follows.
Other Contractors: Subsea Partner
About Var Energi
Var Energi ASA (Var Energi) is an oil and gas exploration and production company. It carries out the production and supply of crude oil and natural gas liquids (NGL). The company operates oil and gas fields, including Goliat, Marulk, Ringhorne, Jotun and Balder in the Norwegian Continental Shelf (NCS). Var Energi works in cooperation with Eni Trading & Shipping BV and Gassco AS to provide trading and transportation solutions for crude oil and NGL. The company operates in Hammerfest and Oslo, Norway. Var Energi is headquartered in Sandnes, Stavanger, Norway.
For more details on the Goliat Conventional Oil Field, buy the profile here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.