"Aker BP" News

Aker BP Awards Edvard Grieg EPCI Contract to Moreld Apply

Jan 27, 2023

Engineering firm Moreld Apply said it has been awarded an engineering, procurement, construction and installation (EPCI) contract by Aker BP for the Edvard Grieg topside modification, part of the Utsira High tie-backs project.The purpose of…

Aker BP to Boost Oil and Gas Reserves via Exploration, M&A

Dec 16, 2022

Norwegian oil and gas group Aker BP will use exploration, mergers, and acquisitions to rebuild its base of untapped resources after Friday's record investment decision, the company's chief executive told Reuters.Aker BP and its partners announced…

Allseas Wins Work on One of the 'Heaviest Offshore Installation Projects in History'

Dec 20, 2022

Offshore installation company Allseas will transport and install a new processing platform topside facility with well area and living quarters (NOA PdQ) in the NOAKA area development operated by Aker BP in the Norwegian North Sea.The contract…

Norway: Aker BP Board Greenlights $19B Offshore Field Development Projects

Dec 02, 2022

The Norwegian oil and gas company Aker BP said Friday it would vote in favor of submitting Plans for Development and Operation (PDO) for the NOAKA field development project, the Valhall PWP-Fenris project, the Skarv Satellite Project, and the Utsira High projects…

Aibel Wins $706M Deal to Build Unmanned Offshore Platform 'Of the future'

Dec 16, 2022

Oil and gas company Aker BP has awarded Aibel, a Norwegian engineering and construction firm, a contract worth around 7 billion crowns ($706,1 million) to build the Munin offshore platform (formerly Krafla) in the Yggdrasil area, offshore Norway…

Norway Opens North Sea Area for CO2 Storage Applications

Jan 11, 2023

Norway on Wednesday announced an area in the North Sea for applications related to the injection and storage of CO2 on the Norwegian continental shelf.Minister of Petroleum and Energy Terje Aasland said there was a great interest from companies…

Norway Awards 47 Offshore Oil and Gas Exploration Licenses

Jan 10, 2023

Norway has awarded 47 new offshore oil and gas exploration permits to 25 firms in its latest mature areas licensing round, the energy minister said on Tuesday. 'Today's award is an important contribution to ensuring that Norway remains a safe and predictable supplier of oil and gas to Europe…

Global Offshore Drilling Outlook – New Play Exploration Appetite Steady But Strong

Jan 12, 2023

Welligence expects global offshore exploration drilling activity in 2023 to remain relatively steady year-on-year, with the majors driving much of the activity in their core regions. Two areas with big impact potential - the Atlantic Basin and…

Report: Shell Held Talks to Sell Norway Business Amid Renewable Energy Push

Jan 10, 2023

Shell held talks with Harbour Energy to sell its Norwegian oil and gas fields last year but could not reach a deal due to gas price volatility and uncertainty over the long-term outlook, three company sources told Reuters. London-based Shell…

Aker BP Hires ModuSpec for Offshore Rig Intake and Inspection Services

Nov 10, 2022

ModuSpec has secured a contract to provide rig intake and inspection services to the Norwegian oil company Aker BP.The contract includes assisting Aker BP ASA during the inspection and acceptance phases of Saipem's Scarabeo 8, 6th generation…

Vår Energi Makes Norway's 'Largest Discovery of 2022' in Barents Sea

Dec 23, 2022

Norway's Vår Energi, majority owned by Italy's Eni, said on Friday it had made a gas discovery near the Goliat field in the Arctic Barents Sea, supporting the group's long-term plans to expand in the area. 'This is the largest discovery on the…

Norway's Giant Offshore Oil Field Fully Developed

Dec 15, 2022

The Norwegian oil and gas company Equinor has brought online the second phase of the giant Johan Sverdrup oil field in the North Sea, off Norway. Production started at 11:15 a.m. local time, on Wednesday, December 15.At plateau, the Johan Sverdrup field will produce 720…

Plans for World's Northernmost Offshore Oil Field In Doubt as Costs Soar

Nov 10, 2022

Soaring costs and supply chain bottlenecks have put a question mark over plans for what would be the world's most northern oilfield in production, with Norway's Equinor and its partners postponing a decision on the Arctic project. Environmental…

Norway's Aker BP Wants "Price floor" in European Gas Supply Deals

Nov 14, 2022

European buyers of Norwegian natural gas should commit to paying a minimum price if they want to obtain long-term supply deals that prevent price spikes like those seen this year, the chair of Norwegian producer Aker BP told Reuters.Gas prices…

Aker BP Taps Vissim to Develop Digital Platform for Offshore Oil Spill Monitoring

Sep 20, 2022

The Norwegian technology firm Vissim has won a contract Vissim to develop a digital platform for future oil spill monitoring and detection system on the Norwegian continental shelf for Aker BP.Vissim said Tuesday it would develop a software…

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