ORLEN advances Cerisa project in the North Sea

ORLEN Upstream Norway, together with its license partners, has taken a final investment decision on the development of the Cerisa discovery.

The project is expected to deliver 8.5 million barrels of oil equivalent net to ORLEN, including approximately 0.8 billion cubic meters of natural gas. Start-up of production is planned for 2027.

The Cerisa discovery was made in June 2024 within license PL 636, located approximately 120 km north of Bergen. The license operator is Vår Energi, and the remaining partners, alongside ORLEN Upstream Norway, are INPEX Idemitsu Norge and DNO Norge.

“Cerisa demonstrates ORLEN’s effectiveness at every stage of upstream operations. Only two years have passed between the discovery and the approval of the development concept, and we expect to bring the field on stream in less than two years. The efficiency with which we are delivering this project is not only the result of strong cooperation with our license partners, but also evidence of our ability to leverage synergies across our asset portfolio,” said Wiesław Prugar, vice-president of the ORLEN Management Board for Upstream.

At peak production, Cerisa is expected to deliver approximately 6,000 barrels of oil equivalent (boe) per day to ORLEN Upstream Norway, representing nearly 6% of the company’s daily production in 2025.