Eni has started production from the Goliat field on Production License 229 in the Barents Sea offshore Norway. The first oil field to produce from the Barents Sea, Goliat was developed through the use of the world’s largest floating production, storage, and offloading (FPSO) system with a storage capacity of 1 million bbl. Field output will reach 100,000 B/D from 22 subsea wells, of which 17 are now completed. Goliat’s reserves are estimated at 180 million bbl. Eni is the operator with a 65% interest in the license, with Statoil holding the remainder.
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