Aker BP has entered into two separate transactions that strengthen its positions close to existing infrastructure on the Norwegian Continental Shelf. In the North Sea, the company has agreed to acquire Apache’s interest in the Losgann/Froskelår discovery near the Alvheim area…
Odfjell Drilling has received confirmation from Aker BP that the firm contract for the Deepsea Nordkapp semi-submersible rig has been extended by one year.The extension increases the rig's firm backlog through the end of 2028, after which Aker BP retains further extension options…
The Norwegian Offshore Directorate has reported that Aker BP and Equinor have drilled a dry exploration well, 15/6-17, in the Svarteknippa prospect in the North Sea.The prospect is located 15 kilometers west of the Solveig field and 220 kilometers west of Stavanger…
Norwegian oil firm Aker BP on Wednesday reported a jump in second-quarter profit as the U.S.-Israeli war on Iran drove up energy prices.Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to $3.35 billion in the April-to-June quarter from $2…
The Hugin B platform topside has left Aker Solutions’ yard in Verdal for the Yggdrasil area, completing a three-and-a-half-year portfolio of major offshore project deliveries for Aker BP.The topside sailed on July 6, marking the final delivery…
Aker BP has increased its ownership interest in the Johan Sverdrup oil field, following the completion of a redetermination process conducted under the field's unit agreement.Aker BP's ownership interest in the Johan Sverdrup Unit will rise to 31…
Viridien and Aker BP have entered into a five-year strategic partnership agreement to strengthen collaboration on multi-client ocean bottom node (OBN) seismic acquisition, imaging and technology development for exploration on the Norwegian Continental Shelf…
The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 36/4-2 in production license 1153, operated by Aker BP with 40% working interest.Aker BP’s partners in the license are INPEX Idemitsu Norge with 30%…
Equinor and Aker BP have agreed to swap stakes in several oil and gas fields offshore Norway, as part of a strategic collaboration aimed at increasing production and value creation across selected areas.The companies said the agreement focuses initially on the Troll-Fram…
The Norwegian Offshore Directorate (NOD) has granted drilling permits to Vår Energi for two wildcat wells in North Sea offshore Norway.The first permit is for wellbore 35/6-7 S in production license 929, operated by Vår Energi with 40% stake…
Norwegian unions representing offshore drilling rig and floating platform workers entered state-mediated wage talks on Wednesday, aiming to avert a strike from Friday that could affect parts of the country's oil and gas sector.The three unions…
Vår Energi and Equinor have agreed to swap assets on the Norwegian continental shelf, with Vår Energi increasing its exposure around the Gjøa area and Equinor strengthening its position in the Troll-Fram region.Under the agreement, Vår Energi will acquire a 32…
How Aker BP uses real-time CBM to reduce downtime, risk, and failures offshoreCondition Based Maintenance at Aker BP: Unlocking Safer, Smarter Offshore OperationsAker BP is transforming offshore maintenance operations through the implementation…
Vår Energi and its partners have submitted a Plan for Development and Operations (PDO) to Norway's Ministry of Energy for the Gjøa Subsea Projects in the North Sea after taking a final investment decision on the developments.The Gjøa Subsea…
The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 15/6-17 in production license 979.The license is operated by Aker BP with 60% working interest, while Equinor holds the remaining 40%…
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