The FINANCIAL -- A fixed platform has been selected by Statoil and its partners for the Dagny oil and gas discovery in the North Sea, while the Eirin gas field is to be developed with a subsea solution, according to Statoil.

Gas from Dagny will be exported through a tie-back to the infrastructure on Sleipner East, while offshore loading into shuttle tankers is proposed for the oil.

The seabed production installation on Eirin will be tied back to the planned Dagny platform.

Originally a small gas discovery just north of the Sleipner fields, Dagny has been under assessment for development on a number of occasions since it was found in 1974.After oil and gas were proven in the neighbouring Dagny East structure in 2007, the landscape around the original find was reassessed.

Further appraisal in 2008-11 established a connection between Dagny and Dagny East, and substantial oil resources under the whole structure.

This demonstrates the importance of exploring for and developing fields in mature areas with established infrastructure, he adds.

The chosen solution for Dagny and Eirin will now be secured, with the award of front-end engineering and design contracts.

Plans call for an investment decision to be taken a year from now, and the ambition is to start production in 2016.

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