"Aker BP" News

Aker BP Takes Over Lundin Energy's Oil and Gas Business

Jul 01, 2022

Norwegian oil and gas company Aker BP has taken over Lundin Energy's oil and gas operations, creating the second largest operating oil and gas company on the Norwegian continental shelf.Aker BP said in December 2021 it had agreed to acquire Lundin Energy's oil and gas business…

Aker BP Makes Oil and Gas Find Near Skarv Field

Aug 15, 2022

Norwegian oil company Aker BP has made an oil and gas discovery 14 km northeast of the Skarv field in the Norwegian Sea and 220 kilometers west of Sandnessjøen, Norway.The wildcat well 6507/3-15 encountered an oil and gas column totaling about 115 meters in the Fangst and Båt groups…

Norway: Aker BP Strikes Gas at Storjo Offshore Prospect

Jul 11, 2022

Norwegian oil company Aker BP has struck gas at the Storjo offshore exploration well in the Norwegian Sea.According to Aker BP, the well 6507/2-6, drilled using Odfjell Drilling's Deepsea Nordkapp semi-submersible drilling rig, has encountered gas in several geological formations…

Subsea tie-backs: Aker BP Files Development Plan for Trell & Trine Discoveries

Aug 10, 2022

Norwegian oil and gas company Aker BP on Wednesday filed a plan for development and operation (PDO) for Trell & Trine offshore oil development project to the Norwegian Ministry of Petroleum and Energy (MPE). The Trell (production licence 102…

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…

Norway Approves Aker BP's Frosk Field Development Plan. First Oil in 2023

Jul 08, 2022

The Norwegian Ministry of Petroleum has approved Aker BP's plan for the development and operation of the Frosk field in the Alvheim area, in the North Sea, offshore Norway.The Frosk field, discovered in 2019, is located around 25 kilometers southwest of the Alvheim FPSO…

Greater Balder Area: Vår Energi Increases Norwegian North Sea Foothold

Aug 15, 2022

Norwegian oil and gas company Vår Energi said Monday it had acquired 30% ownership in production licenses (PL) 820S and 820 SB north of the Balder field in the North Sea from Lime Petroleum, Pandion Energy, and Lundin Energy Norway AS (now Aker BP)…

Aker BP to Raise Dividend in H2 after Upbeat Q2 Results

Jul 20, 2022

Norwegian oil company Aker BP posted upbeat second-quarter results on Wednesday and said it will raise its dividend payments in the second half of the year, as it continued to benefit from high oil and gas prices due to the war in Ukraine.Earnings before interest…

Life Extension Green Light at Tambar

Jul 29, 2022

Norway's Petroleum Safety Authority Norway has given operator Aker BP consent for life extension of the Tambar field in the Norwegian North Sea.The Tambar field is part of production license 065, for which Aker BP is the operator. Consent includes…

Aker BP Hires Paula Doyle as Chief Digital Officer

Jun 15, 2022

Norwegian oil and gas company Aker BP announced it has hired Paula Doyle as chief digital officer effective July 1. She will be a part of the executive management team and will report to CEO Karl Johnny Hersvik.Doyle comes from Cognite, where…

Neptune Energy Finds Oil at Ofelia Well Near Gjøa Platform

Aug 26, 2022

Oil and gas company Neptune Energy said Friday it had made a new commercial discovery at the Ofelia exploration well, near the Gjøa field in the Norwegian part of the North Sea. The plan is to develop the discovery as a tie-back to the Gjøa platform…

Norway's Oil and Gas Firms Raise Spending Forecasts

Aug 18, 2022

Norway's oil and gas firms have raised their investment forecasts for 2022 and 2023 as they plan to explore more and develop new projects, a national statistics office (SSB) survey showed on Thursday.The country's biggest business sector now expects to invest 172…

Eidesvik Offshore Bags 3-year Deal for Platform Supply Vessel

Jul 08, 2022

Norwegian oil and gas company Aker BP has awarded offshore shipowner Eidesvik Offshore a three-year contract for the platform supply vessel Viking Prince.The contract for the 89,6 meters long Viking Prince will begin after the completion of the vessel’s ongoing contract with Equinor…

Neptune Initiates Drilling on Ofelia Exploration Well

Jul 27, 2022

Neptune Energy said drilling has commenced on the Ofelia exploration well in the Norwegian sector of the North Sea.  The well, 35/6-3 S, is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and operated by Odfjell Drilling…

Halliburton, Aker BP to Develop 'Next-gen' Field Development Software

May 23, 2022

Oilfield services giant Halliburton has partnered up with the Norwegian oil and gas company Aker BP to co-develop what it says will be next-generation field development planning software. 'The collaboration delivers a new cloud application – Field Development Planning (FDP) – from Halliburton…

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