The Kveikje oil and gas discovery, made in 2022, is located near the Kjottkake discovery in Norway's Troll area. While its development has been slower due to its inclusion in the larger, Equinor-led Ringvei Vest cluster project, operator DNO has highlighted its potential for accelerated development.

Development Options and Current Plans

DNO's current development focus in the Troll area is on four other discoveries—Kjottkake, Cuvette, Ofelia, and Cerisa—all slated for sanction this year as subsea tie-backs to the Gjoa platform. In contrast, Kveikje's development path is under active evaluation. DNO and Aker BP are conducting a fast-track analysis to determine the optimal development route: either as part of the Ringvei Vest cluster or as a tie-back via the Kjottkake infrastructure to the Gjoa platform. A final concept selection is expected in early summer, with a key objective being to extend the operational life of the Gjoa production hub.

Partnership and Ownership

The partnership in the Kveikje license (PL 293B) has evolved. Following acquisitions in 2023, the current ownership structure is: Equinor (51%), DNO (20%), Aker BP (19%), and Inpex (10%). Aker BP, which was not an original partner in the discovery, entered the venture by acquiring stakes from Japex and DNO.