May 11, 2017 / 9:35 AM / 3 months ago

BRIEF-Norway oil ministry approves Oda oilfield development plan

May 11 (Reuters) - Norway's Oil and Energy Ministry:

* Says approves Centrica's 5.4 billion crowns ($46.55 million) plan for Oda oilfield development

* The field will be developed as a tie-in to the Ula field platform

* Oda's recoverable reserves estimated at about 48 million barrels of oil equivalents

* Production expected to start in 2019 and to last for 10 years

* Oil will be exported to Teeside terminal in the UK via Ekofisk, gas injected in Ula reservoir

* Centrica's partners in the field are Suncor Energy (30 pct), Aker BP (15 pct) and and Faroe Petroleum (15 pct) Source text (in Norwegian): [here ] Further company coverage: ($1 = 8.5934 Norwegian crowns)

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