Norwegian oil company Aker BP has restored production at Alvheim field, causing an oil spill during the process of starting up the production vessel located in the central North Sea. The downtime resulted from a malfunction in new equipment installed during maintenance activities in the previous quarter, causing a deferral of approximately one month in the production from the Alvheim area, Aker BP said…
The Norwegian Offshore Directorate has granted Aker BP a drilling permit to drill a wildcat well in North Sea.The permit is for a wildcat well 24/12-8 S in production license 869, where Aker BP is the operator with 80% working interest, with Var Energy as partner that holds remaining 20%…
Norwegian oil group Aker BP on Friday reported better-than-expected third-quarter operating profit, and said the cost per barrel produced could be slightly lower this year than previously anticipated.Aker BP, which is partly owned by BP, said earnings before interest and tax declined to $2…
The Petroleum Safety Authority Norway, the Norwegian offshore industry safety watchdog which will bear a new name from January 1, 2024, has this week granted Aker BP consent for exploration drilling in block 30/12 in the North Sea.Aker BP is…
Jacktel, the owner of offshore accommodation rig Haven, has now formally secured a contract with the Norwegian oil firm Aker BP for the provision of accommodation services to the Valhall PWP - Fenris project.The contract was first announced in December 2022…
The Petroleum Safety Authority (PSA) said Friday it had granted Aker BP and OMV consents for drilling projects in the North Sea and the Norwegian Sea, respectively.Aker BP has received consent to conduct exploration drilling in block 25/2 of the North Sea in Production license 442…
Norwegian oil and gas company Aker BP said Wednesday that the Norwegian Ministry of Petroleum and Energy (MPE) had approved a total of Aker BP's nine plans for development and operation (PDOs) and one plan for installation and operation (PIO)The…
Norwegian offshore engineering and construction firm Aker Solutions and its compatriot oil and gas company Aker BP have agreed to extend a frame agreement for the provision of Subsea Production Systems until December 31, 2028. The original agreement…
Norwegian oil and gas company Aker BP said it had made a significant oil discovery at the Øst Frigg Beta/Epsilon exploration well in the Yggdrasil area of the Norwegian North Sea.'Preliminary estimates indicate a gross recoverable volume of 40-90 million barrels of oil equivalent (mmboe)…
Norway's second-largest listed oil company Aker BP said on Thursday it was maintaining its outlook, and its quarterly dividend at $0.55 per share, despite reporting an on-year fall in quarterly operating profit. The company, partly owned by BP…
The Norwegian Petroleum Directorate (NPD) has granted Aker BP ASA a drilling permit for well 6405/7-2 S offshore Norway.The wildcat well is expected to be spudded in April.Aker BP will use the Scarabeo 8 semi-submersible drilling rig to drill the offshore exploration well…
Norwegian independent oil firm Aker BP AKRBP.OL will boost its dividend by 10%, the company said on Friday after posting a $2.2 billion operating profit for the final quarter of 2022, up from $1.2 billion a year earlier. Norway's second-largest listed oil company…
The Norwegian oil and gas company Aker BP said Thursday it had entered into drilling and wells alliance agreements with offshore drilling firms Noble Corporation, Odfjell Drilling, and oilfield services giant Halliburton. The jack-up rig alliance comprises Noble…
Norwegian oil firm Aker BP and its partners will invest more than 200 billion crowns ($20.5 billion) to develop several oil and gas fields off Norway in the coming years, the company said on Friday. Aker BP and other oil firms working off Norway…
Norwegian oil and gas company Aker BP has awarded Semco Maritime a contract for the provision of Offshore Personnel Service in 2022-2027 for the company’s oil & gas installations on the Norwegian Continental Shelf.'Semco Maritime has provided…
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