Sep. 2012 - BP has announced it reached an agreement to sell its 18.36% stake in Draugen Field in the Norwegian Sea to Norske Shell for $240 million. The deal, subject to regulatory approval, should be completed by the end of the year. BP's net production from the Shell-operated Draugen field averages 6,000 barrels per day. Since 2010, BP has entered into agreements to sell assets valued at $33 billion. In an effort to focus more on growth opportunities and its core business strengths BP expects to divest $38 billion in assets between 2010 and 2013.

Aug. 2012 - A/S Norske Shell has awarded a $100 million contract to Framo Engineering to supply its Draugen field with a complete subsea, multiphase booster pump system which includes topside power and control, power and control umbilical and the complete subsea pump module and manifold. Framo, a Schlumberger company, will install the system in Norwegian waters at a depth of 8,202 feet (250 meters). The system is designed to facilitate increased oil production in the Draugen field and will be installed in the summer of 2014.

Jun. 2012 - Hertel Offshore has signed a contract for the EPC delivery of the Shell Draugen Additional Living Quarter, which will accommodate 44 people and will be designed according to the Norsok standards. Work has commenced and delivery of the module is scheduled for May 2013. Construction will be done at the Hertel Offshore premises in Rotterdam, The Netherlands.

Apr. 2012 - Shell and Ocean Installer have signed a Letter of Intent for the development of the Draugen field. The contract covers the EPCI services for further development of the subsea infrastructure at the Draugen field, in the context of Shell drilling four infill wells for the purpose of increasing the ultimate recovery factor and accelerating oil production at the field. Ocean Installer will be responsible for all phases of the operation, from planning and engineering to installation and establishment of connections. This includes: procurement and installation of approximately 11.5 miles (18.5 kilometers) oil production and gas lift flexible flowlines and jumpers including pull-in to the Draugen platform, installation of approximately 13-mile-long (21-kilometer-long) umbilicals including pull-in to the Draugen platform; procurement and installation of a T-manifold and protection covers; supply of rock dump; and detailed engineering. The project is expected to start-up immediately and is planned for completion in 2014.

Mar. 2012 - Aker Solutions received a contract from Shell to deliver subsea connection systems for the Draugen field on the Norwegian Continental Shelf. The scope of work includes the delivery of complete tie-in connection systems for production flowlines and umbilicals for the expansion of the Draugen field. Management, engineering and procurement of the connection systems will be performed at Aker Solutions' head office in Fornebu, Norway. Equipment deliveries will be made from 2012 to 2013.

Oct. 2010 - Shell received approval to use the mobile well intervention facility Island Constructor to perform workover operations on two wells, A-55H and B-2H, in the Draugen field. The maintenance work should last for about 35 days. The Draugen oil and gas field lies on Block 6407/9 in the Norwegian sector of the North Sea in the Haltenbanken oil and gas province. The field is situated 93 miles (150 kilometers) off the coast of Norway in water depths of 787 to 919 feet (240 to 280 meters). Shell serves as the operator of the field, holding a 26.20% interest; BP Norge AS holds 18.36%; Chevron Norge holds 7.56%; Petoro AS holds 47.88%.

Apr. 2009 - Shell will reconstruct Draugen's FLP facility on the Draugen field. The new FLP will not be visible on the surface, it will be submerged and float in the water column, which is to be installed in 2010. Both the old and new FLPs are loading devices, with no interim oil storage. The present FLP has been in operation since 1993, and is connected to the Draugen field by pipelines.