Statoil is the operator of Åsgard in the central Norwegian Sea, in 200-300 metres of water. Åsgard comprises finds 6506/12-1 Smørbukk, 6506/12-3 Smørbukk Sør and 6507/11-1 Midgard.
The field has been developed using subsea completed wells tied back to a production and storage vessel, Åsgard A, which produces and stores oil, and a floating semi-submersible facility, Åsgard B, which processes gas and condensate.
The Petroleum Safety Authority Norway has now granted consent to use pipelines and subsea production facilities in accordance with Statoil's application.