"Aker BP" News

Dry Well for Aker BP, Equinor in Norwegian North Sea

Sep 22, 2023

The Norwegian oil company Equinor has drilled a dry well in production license 035 in the North Sea, offshore Norway, the Norwegian Petroleum Directorate said Friday.'Equinor Energy is concluding the drilling of exploration well 30/11-15 in the North Sea…

Neptune Energy Starts Drilling Ofelia Appraisal Well Offshore Norway

Oct 03, 2023

Neptune Energy has started drilling on the Ofelia appraisal well in the Norwegian sector of the North Sea.The Ofelia discovery (PL 929) was made in August 2022 and is located approximately 14 kilometers north of the Neptune-operated Gjøa field…

Aker BP, OMV Get OK for North Sea and Norwegian Sea Drilling Projects

Jun 30, 2023

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…

Aker BP's Output to Reach 525,000 Barrels per Day by 2028, as Several Offshore Projects Approved

Jun 29, 2023

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…

BP's Kate Thomson Steps into Interim CFO Role

Sep 19, 2023

Oil major BP has appointed Kate Thomson as interim chief financial officer. Thomson's appointment follows the appointment last week of Murray Auchincloss as interim BP chief executive officer, following the resignation of Bernard Looney from the CEO position…

Play Opener: DNO Makes Gas Condensate Discovery Offshore Norway

Sep 19, 2023

Norwegian oil and gas company DNO announced on Tuesday a gas condensate discovery on the Norma prospect in the Norwegian North Sea.Preliminary evaluation of the discovery indicates gross recoverable resources in the range of 25–130 million barrels of oil equivalent (MMboe) on a P90-P10 basis…

Linjepartner to Deliver Overhead Power Lines for Aker BP's Power from Shore Project

Jun 27, 2023

Norway's Linjepartner has been selected as a partner for the delivery of overhead lines in Aker BP's Yggdrasil power from shore project. Yggdrasil is an offshore oil development in the North Sea, off Norway.According to a press release issued Tuesday…

Former Lundin Energy Head Takes the Helm as CEO of Vår Energi

Sep 05, 2023

Norwegian oil and gas company Vår Energi has appointed Nick Walker as its Chief Executive Officer (CEO), with its former CEO, Torger Rød, assuming the new role as Chief Operating Officer (COO) with a focus on 'continuous improvement, integration…

Aker BP Raises Guidance after Q2 Profits Jump on Record Oil Production

Jul 13, 2023

Norwegian oil group Aker BP on Thursday reported a rise in second-quarter earnings that matched expectations as record production offset weaker prices for oil and gas, and lifted its full-year production outlook. Norway's second-largest listed oil company…

Thousands of Jobs for Norway: Aker BP's Offshore Development Plans Approved by Norwegian Parliament

Jun 07, 2023

Following news on Tuesday that the Norwegian parliament had approved some of Aker BP's offshore oil and gas development project in Norway, the confirmation came Wednesday from Aker BP itself.'Today, the Storting has approved Aker BP’s plans…

Norway Oil and Gas Exploration Round Attracts Bids from 25 Companies

Aug 29, 2023

Norway's annual offshore exploration licensing round in mature areas attracted bids from 25 oil and gas firms, including Shell, ConocoPhillips, Aker BP and Equinor, the country's energy ministry said on Tuesday.In May, the ministry offered 92…

Vår Energi Appoints New CEO and COO

Aug 25, 2023

Vår Energi has changed its executive management team, with Nick Walker will be joining Vår Energi as CEO and current CEO, Torger Rød, is transfering to the new role as COO.Walker most recently held the position as CEO of European E&P independent…

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…

Aker BP's Yggdrasil Development Bolstered by New Offshore Oil Discovery

May 25, 2023

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)…

Alvheim FPSO Celebrates 15 Years of Oil and Gas Production as Tyrving Tie-in Gets Green Light

Jun 08, 2023

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…

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