"Aker BP" News

Aker BP Breaks Offshore Drilling Record with Longest Well Offshore Norway. Makes Significant Oil Find

Jun 09, 2023

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…

Heerema to Deliver Jacket for Aker BP's Munin Offshore Platform

May 26, 2023

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…

Optime Subsea Tests Wireless Comms System for Well Completion Operations

Jul 14, 2023

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)…

Subsea 7 Extends Frame Agreement with Aker BP, Securing Four More Years of Collaboration

Jun 06, 2023

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…

Aker BP Keeps Dividend, Guidance Despite Q1 Profit Drop

Apr 27, 2023

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…

Wellesley Petroleum, Partners Make 'Norway's Largest Offshore Discovery since 2013'

Jul 10, 2023

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 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 BP's Valhall PWP-Fenris Offshore Project Gets Green Light

Jun 06, 2023

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…

Enersense to Provide Steel Structures for Hugin A Offshore Platform in Norway

Jul 07, 2023

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 Approves More than $18B in Oil, Gas Investments

Jun 28, 2023

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…

Aker BP Granted Permit to Drill Norwegian Sea Wildcat

Apr 05, 2023

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…

Norway Offers New Exploration Licenses for CO2 Storage in North Sea

Mar 31, 2023

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…

Aker BP Accedes Nine of Ten Offshore Field Plans, as Troldhaugen Project Discontinued

Mar 21, 2023

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…

Aker BP Makes Oil Discovery in North Sea, Offshore Norway

Apr 13, 2023

Norwegian oil company Aker BP has discovered oil in the North Sea offshore Norway, the Norwegian Petroleum Directorate said Thursday.Aker BP used the Scarabeo 8 semi-submersible drilling rig to drill the wildcat well 25/4-15.According to the Norwegian Petroleum Directorate…

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…

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