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)…
The Norwegian Minister of Petroleum and Energy, Terje Aasland, on Thursday granted approval for the development of Aker BP's Tyrving offshore discovery, which will be a tie-in to Alvheim FPSO.Aker BP as the operator, and its license partners…
Norwegian oil company Aker BP said Friday it had the drilling of the Øst Frigg Beta/Epsilon exploration well in the Yggdrasil area, the longest exploration well ever drilled on the Norwegian Continental Shelf, resulting in a significant oil discovery…
Norwegian oil and gas company Aker BP has awarded Heerema Vlissingen a contract for the procurement and construction of the Munin platform jacket in the Yggdrasil area, offshore Norway.“This is an important contract for the Yggdrasil development…
Norway-based Optime Subsea said Friday it had successfully tested and qualified a high-speed wireless communication system for the completion of subsea wells. 'The wireless communication system, part of Optime Subsea’s Remotely Operated Controls Systems (ROCS)…
Offshore installation services company Subsea 7 on Tuesday announced an extension of its existing frame agreement with the Norwegian oil company Aker BP for four years to the end of 2028. The agreement covers the provision of engineering, fabrication and installation activities for subsea umbilical…
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…
Norwegian oil and gas company DNO on Monday announced a significant gas and condensate discovery on the Carmen prospect, claiming it to be the largest discovery offshore Norway since 2013.Wellesley Petroleum the operator of the offshore license PL1148 in the North Sea…
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…
The Norwegian Parliament on Tuesday approved the plans for further development of Valhall field in the Norwegian part of the North Sea, and the development and operation of the Fenris project, both operated by Aker BP.The Valhall PWP-Fenris project…
Finland-based Enersense said Friday it would deliver offshore steel structures for the Hugin A production platform to Aker Solutions in Norway.Aker Solutions has ordered steel structure modules (pre-assembled units) from Enersensefor the Hugin A production platform…
Norway's government said on Wednesday it had given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come…
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…
The Norwegian Ministry of Petroleum and Energy on Friday offered two new exploration licenses related to CO2 storage on the Norwegian continental shelf in the North Sea.The two exploration licenses offered are located in the southern part of the North Sea…
Norwegian oil and gas company Aker BP has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded to all the Plans for Development and Operation submitted in December 2022, apart from for one. The Troldhaugen project in the Edvard Grieg area…
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