GDF SUEZ E&P Norge AS
GDF SUEZ E&P Norge became operator of the Gjøa field in 2010.
Since its establishment in 2001 the company continues to grow as a significant player in upstream activities and is now among the top ten producers and reserve owners on the Norwegian continental shelf. In 2011 GDF SUEZ E&P Norge was awarded three new operatorships in the Barents Sea – a core area for exploration.
The exploration and production company is a wholly-owned subsidiary of GDF SUEZ – one of the world’s largest energy and utility companies. The corporation aims to be recognised as a world energy leader dealing with the challenges of meeting the world’s energy demands, promoting efficient energy solutions and fighting global warming.
The GDF SUEZ group was formed in July 2008 following a merger between Gaz de France and SUEZ, and employs more than 218 000 people in some 45 countries. In 2010, GDF SUEZ had revenue of €84.5 billion.
Exploration and production GDF SUEZ aims to grow to the size of a large independent E&P company. To achieve this goal, GDF SUEZ is strengthening its presence in the North Sea, and is exploring and developing fields in new regions such as Algeria and Egypt.
GDF SUEZ E&P Norge holds a participating interest in a number of assets in production or under development on the Norwegian continental shelf, including:
Gjøa – 30%
A gas and oil f eld in the North Sea, Gjøa came on stream in 2010. GDF SUEZ E&P Norge is operator of the field.
Njord – 40%
An oil field with associated gas reserves, Njord is located in the Norwegian Sea. The field has been producing since 1997, and export of gas started in 2007.
Snøhvit – 12%
A gas field in the Barents Sea, Snøhvit came on stream in 2007 as the first offshore LNG development in Europe.
Fram – 15%
An oil field with associated gas reserves in the North Sea, Fram has been in production since 2003. Export of gas started in 2007.
In total, GDF SUEZ E&P Norge holds interests in 16 production licenses and 23 exploration licenses.