Aker Arctic News

 

Aker BP in Drilling, Well Alliances with Noble Corp, Odfjell Drilling, Halliburton

Jan 12, 2023

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, Halliburton, and Aker BP. The semi-submersible drilling rig alliance comprises Odfjell Drilling, Halliburton and Aker BP. Aker BP signed new agreements for both alliances with a five-year contract term on Wednesday…

Evaluating Ice Loads on Windmill Monopiles

Dec 18, 2023

As part of Aker Arctic’s own research and development work, a series of ice model tests were conducted in November 2023 to investigate the ice loads affecting  windmill monopiles. Offshore windmills require robust foundations to withstand the harsh marine environment…

Fagerland Takes the Helm as CEO of Aker Carbon Capture

Jul 11, 2023

Aker Carbon Capture announces the appointment of Egil Fagerland as its new Chief Executive Officer with effect from today, July 11, 2023. Fagerland will replace Valborg Lundegaard, who is stepping down to focus on her health and family. Fagerland…

Environmental Groups Ask Norway Court to Halt Three Oil Developments

Jun 29, 2023

Environmental groups said on Thursday they had demanded an immediate halt to the ongoing development of three Norwegian offshore oilfields, seeking a court injunction against the country's government.Greenpeace and Nature and Youth said they…

Aker Solutions, Aker BP Extend Subsea Production Systems Agreement

Jun 02, 2023

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…

AFC to Buy Ghana-focused Aker Energy

Apr 14, 2023

AFC Equity Investment has agreed to buy Aker Energy, a company working to develop the Pecan oil field offshore Ghana, from Aker Capital and The Resource Group TRG AS.Aker today holds 50.79 percent of the shares in Aker Energy, and TRG holds 49…

Alaska's Qilak LNG Targets Asia with $5B Project to Compete with Russia

Mar 08, 2023

Qilak LNG plans to invest $5 billion in a proposed liquefied natural gas (LNG) facility in Alaska's North Slope to compete with Russia's Yamal project for Asian customers towards the end of this decade, its chief executive said. Major LNG importers such as Japan…

Plans for World's Northernmost Offshore Oil Field In Doubt as Costs Soar

Nov 10, 2022

Soaring costs and supply chain bottlenecks have put a question mark over plans for what would be the world's most northern oilfield in production, with Norway's Equinor and its partners postponing a decision on the Arctic project. Environmental…

Norway's Aker BP to Drill Wells in Arctic Barents Sea, CEO Says

Aug 29, 2022

Aker BP plans to drill up to 15 exploration wells next year, including in the Arctic Barents Sea, Aker BP Chief Executive Karl Johnny Hersvik said on Monday.'Our plan is to drill somewhere in the range of 12-15 wells and I'm assuming we will have the same level going forward…

Mainstream and Aker Offshore Wind Merger Completed

Aug 16, 2022

The transaction to combine Mainstream Renewable Power and Aker Offshore Wind to form a renewable company with a 27 GW portfolio has closed. The deal was first announced on July 12.Aker Horizons entered into an agreement with Aker Mainstream Renewables…

Trell & Trine Project: Aker BP Awards 'Sizeable' Contracts to Aker Solutions, Subsea 7

Aug 11, 2022

Norwegian offshore engineering and construction company Aker Solutions, and offshore installation firm Subsea 7, have won 'sizeable' contracts from Aker BP to assist with the development of Trell & Trine offshore discoveries, located in the Alvheim area of the North Sea…

Aker BP Charters Large PSV from Solstad Offshore

May 11, 2022

Norwegian oil and gas company Aker BP has chartered Solstad Offshore's large platform supply vessel Normand Arctic.The platform supplier will be used to support Aker BP's activities on the Norwegian Continental Shelf.According to the shipowner…

Aker BP, Lundin Energy Merger Gets All Necessary Approvals

May 02, 2022

All the necessary approvals have been granted for the proposed merger between the Norwegian oil firm Aker BP and Sweden-based Lundin Energy's oil and exploration and production business. Aker BP said in December 2021 it had agreed to acquire Lundin Energy's oil and gas business…

Oil and Gas Firms in Norway Raise Investment Forecasts

Feb 17, 2022

Oil and gas firms in Norway have raised this year's investment forecasts as they seek to benefit from pandemic-era tax incentives intended to boost activity, a national statistics office (SSB) survey showed on Thursday.The biggest business sector in Norway now expects to invest 159…

Very Large Order Intake: Aker Solutions in Maintenance and Modifications Extension with Equinor

Feb 11, 2022

Norwegian energy industry services provider Aker Solutions has won a three-year contract extension to a maintenance and modifications frame agreement it has with Equinor.'The agreement for work on oil and gas installations offshore Norway represents a very large order intake for Aker Solutions…

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