Kistos Set for Production Boost from Norwegian and UK Assets

11 April 2025
Russell Searancke, Oslo

Kistos, a UK-based oil and gas company, is poised for a significant production boost, driven by its assets in Norway and the UK. The company has reported promising developments at its Greater Laggan project in the UK, while operations at its Balder field in Norway are expected to elevate overall production levels.

Greater Laggan Project

Kistos has indicated positive performance at the Greater Laggan project, located in the UK West of Shetland area. The company’s operations in this region have shown encouraging results, contributing to its overall strategy of expanding production capabilities. The Greater Laggan project is notable for its advanced infrastructure and resources, which are crucial for Kistos's growth plans.

Balder Field in Norway

The Balder project in Norway is another cornerstone of Kistos's strategy. As the company prepares to integrate the Jotun Floating Production Storage and Offloading (FPSO) unit into the Balder project, expectations are high for an increase in production output. The introduction of the Jotun FPSO is anticipated to enhance operational efficiency and facilitate the extraction of hydrocarbons, further solidifying Kistos's position in the European energy sector.

Industry Context

As the global energy landscape evolves, companies like Kistos are focusing on maximizing their production potential while navigating the transition to cleaner energy sources. Kistos’s efforts in both Norway and the UK illustrate a commitment to leveraging existing assets to strengthen their market presence and respond to the changing demands of the energy industry.

In summary, Kistos is on track to improve its production capabilities through strategic developments in Norway and the UK, marking a significant step forward for the company as it seeks to enhance its position within the oil and gas sector.