Aker BP has received approval for the Utsira High Project from the Norwegian Ministry of Petroleum and Energy (MPE), which entails an investment of NOK 16 billion ($1.5 billion). The Utsira High Project involves the development of the Symra field and Solveig field Phase 2 in the Utsirahøyden region of the North Sea. Aker BP […]
The Norwegian Ministry of Petroleum and Energy has approved 19 significant oil and gas projects on the Norwegian continental shelf, an investment exceeding NOK 200 billion ($18.5 billion), marking a significant step in the nation’s energy industry. These approved projects span new developments, enhancements of existing oil fields, and strategic investments for increased extraction at […]
Aker BP, a Norwegian oil company, has confirmed Linjepartner as the selected partner for delivering overhead lines in the Yggdrasil power from shore project. This agreement, valued at over NOK 100 million plus the procurement of material, ensures several years of activity and job security for the Levanger-based company, Linjepartner. The Yggdrasil power from shore […]
In a significant development for the Norwegian oil and gas industry, Aker BP has announced that the plan for development and operation (PDO) for Tyrving (previously Trell & Trine) in the Alvheim area of the North Sea has been approved by the Norwegian Ministry of Petroleum and Energy. This approval marks a major milestone for […]
Aker BP and OMV (Norge) have forged a collaboration agreement for carbon capture and storage (CCS) and have secured the Poseidon CO2 storage licence on the Norwegian Continental Shelf (NCS) from the Norwegian Ministry of Petroleum and Energy. The CO2 storage licence awarded to Aker BP and OMV is in the Norwegian North Sea. Aker […]
Norwegian state-owned multinational energy company Equinor along with Aker BP will invest approximately NOK 46 billion ($4.65 billion) to develop and operate the Krafla oil and gas field in the North Sea, which was proven in 2011. To this effect, the companies have submitted a plan for development and operation (PDO) of the Krafla oil […]
Equinor has brought phase 2 of the Johan Sverdrup oil field in the Utsira High region in the Norwegian North Sea on stream, marking full stretch operation of the play. On reaching plateau, the Johan Sverdrup field is said to deliver every third Norwegian oil barrel and ensure stable energy deliveries from Norway. The Johan […]
Odfjell Drilling has secured a contract extension worth around $60 million for the drilling of two more from Norwegian upstream company Aker BP with the Deepsea Nordkapp rig. According to Odfjell Drilling, the estimated duration of the drilling contract is around six months. Additionally, the Scotland-based oilfield service provider will be entitled to a performance […]
Solstad Offshore has bagged a contract from Aker BP for chartering the Normand Arctic platform supply vessel (PSV) for supporting the latter’s operations on the Norwegian Continental Shelf (NCS). According to the Norwegian offshore service and supply ship shipping company, the contract will begin during the fourth quarter of this year. It will have a […]
Aker BP and its partners have started production from the NOK 1.2 billion ($138.36 million) Gråsel oil project in the Skarv licence in the Norwegian Sea through the existing Skarv floating production, storage and offloading vessel (Skarv FPSO). The Gråsel field has been brought into production four months ahead of its original schedule of Q4 […]