Norwegian oil and gas firm Aker BP on Monday celebrated the first official steel cut for its two major developments, Yggdrasil and Valhall PWP-Fenris on the Norwegian shelf. The event at Stord marks the start of three years of high activity…
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…
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…
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…
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…
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…
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…
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…
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)…
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…
Norwegian oil firm Equinor said Wednesday its plans for the development and operation of the subsea fields Irpa and Verdande, and the production well Andvare in the Norwegian Sea have been approved by Norwegian authorities. The gas field Irpa will be tied back to the Aasta Hansteen platform…
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 company Aker BP has awarded a contract to ABL Group (ABL) for the provision of marine warranty survey (MWS) services for the Yggdrasil and Valhall PWP-Fenris offshore field development projects offshore Norway.ABL’s Stavanger…
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…
Norway's oil and gas firms have sharply raised their investment forecasts for 2023 after proposing more than a dozen new projects at the end of last year, a national statistics office (SSB) survey showed on Thursday. The country's biggest business sector now expects to invest 187…