ORLEN Expands in Norway with New Field Acquisitions
- ORLEN's Norwegian subsidiary acquired 7.6% stakes in Albuskjell and Vest Ekofisk fields.
- The acquisition adds 8 million barrels of oil equivalent to ORLEN's resource base.
- The PPF Project will increase gas production by 420 million cubic meters annually.
- First gas production is scheduled for Q4 2028, with peak output at 3.4 million barrels annually.
Acquisition Details
ORLEN's Norwegian subsidiary has acquired a 7.6% interest in the Albuskjell and Vest Ekofisk fields from DNO, adding approximately 8 million barrels of oil equivalent to its resource base. The transaction was finalized in December 2025, following the agreement signed in November 2025.
Project Development
The Albuskjell and Vest Ekofisk fields, along with Tommeliten Gamma, are part of the Previously Produced Fields (PPF) Project, which has been sanctioned for development. The development plan includes drilling 11 production wells connected to the Ekofisk infrastructure, with first gas expected in Q4 2028.
Production and Reserves
Once operational, the PPF Project will increase ORLEN Upstream Norway's production by 420 million cubic meters of gas annually. The combined reserves from the three fields total around 25 million barrels of oil equivalent, including over 3 billion cubic meters of gas.
Operational Partners
The fields are operated by ConocoPhillips Skandinavia AS, with partners including Vår Energi ASA and Petoro AS. At peak output, ORLEN anticipates producing 3.4 million barrels of oil equivalent annually from the PPF Project.
Source: ORLEN