A total of approximately NOK 14 billion is currently being invested to ensure the regularity of gas production, to prepare for future volumes, and to ensure that future HSE requirements from the authorities are met by sanctioned projects offshore.

At Mongstad, the projects related to the construction of a Combined Heat and Power (CHP) plant are well underway. StatoilHydro is executing a major refinery upgrade and building a gas pipeline from Kollsnes to Mongstad in connection with to this CHP plant. The pipeline was has been completed by mid-December 2008. In parallel, StatoilHydro is executing a large environmental project, called SMIL, which is also scheduled for completion in 2009. The CHP plant is being built and will be operated by DONG Energy and is planned to start up early in 2010.

At Kårstø, several smaller projects have been gathered together in the Kårstø Expansion Project 2010 (KEP 2010). The first part is a compressor upgrade what will make it possible to increase the pressure, and thus enable more stability in the gas flow through the export pipelines leaving Kårstø. This sub-project was completed in the fourth quarter of 2008.

The second part of the project is a complete modernisation and upgrading of the security and control systems at the site, to prepare the plant for several more years of production and to meet stricter future HSE standards. A project replacing the NGL metering stations was sanctioned late in 2008. The NGL metering stations are scheduled for startup by the end of 2011.

The Kollsnes Flash Gas and Condensate project is an upgrade of the existing system due to capacity and regularity limitations. The installation of a new flash gas compressor train and a new condensate treatment train was completed by the end of December 2008. It will contribute to increasing production and operating regularity at the Kollsnes processing plant. In addition, capacity for future production of 40 million standard cubic metres per day is built into the system.