Solstad Offshore announced Wednesday that Norwegian operator Aker BP has taken a pair of large platform supply vessels (PSV) on 12-month charter under a frame agreement announced earlier this month.The 2011-built Normand Arctic and 2013-built…
Aker BP ASA announced it has awarded frame agreements with three suppliers for the provision of platform supply vessels (PSV), in a move that aims to reorganize the value chain.The three suppliers Simon Møkster Shipping AS, Eidesvik Offshore…
Norwegian oil industry-focused investment firm Aker still sees mergers and acquisitions opportunities for its oil service firms, including Aker Solutions, its chief executive said on Thursday.Oeyvind Eriksen also told Reuters its independent oil firm Aker BP…
Norwegian oil company Aker said on Thursday that its exploration start-up in Ghana will submit development plans to Ghanaian authorities in March and the parent will then decide whether to sell stakes via an initial public offering or other means…
Aker BP has discovered an oil and gas reservoir while drilling near its Alvheim field in the North Sea, the Norwegian firm said on Monday.Known as Froskelaar (Frog's Leg) Main, the reservoir is estimated to hold between 45 million and 153 million barrels of oil equivalents…
The oil exploration and development company focusing petroleum resources on the Norwegian Continental Shelf Aker BP has been offered interests in 21 new production licenses in Norway, of which 11 as operator, through the Awards in pre-defined areas (APA 2018) licensing round…
Aker BP announced on Monday that it has completed the $205 million acquisition of Total E&P Norge's Norwegian continental shelf portfolio. Aker BP first announced the deal in July, and this week said all closing conditions have been fulfilled…
Aker BP said it will become the first oil company in Norway to control operations of a permanently manned offshore platform from land from next year.Operating platforms remotely can be done with fewer staff than doing it offshore and other oil…
When the owners of Norwegian oil firm Aker BP decided to digitise its assets and operations, they searched high and low for the right software company. But they failed to find a suitable one.So instead they set up their own, Cognite, to create digital maps of Aker BP's oil industry assets…
Maersk Drilling and Aker BP have signed a one-year contract to deploy the Maersk Integrator jack-up rig off Norway from June 2019, Aker BP said in a statement on Thursday.The contract, based on an alliance created between the two firms and Halliburton in 2017…
Aker BP has awarded a contract to DeepOcean for subsea inspection, maintenance and repair (IMR) activities. The contract has a total market value of minimum NOK300 million during the initial three years, with an option to continue the…
Aker BP has received permits from the Norwegian Petroleum Directorate to drill an exploration wildcat and an appraisal well in Production License 442 to test the Nordfjellet/Delta prospects. The company will use jackup Maersk Inceptor…
Aker Solutions secured a framework agreement for as many as 10 years from Aker BP to provide engineering and procurement services for new offshore field installations. The scope is for a range of fixed facilities from small wellhead platforms to complete oil and gas field centers…
Aker Solutions has agreed to acquire oil-services provider Reinertsen for nearly US$25million in a move to build on its position as a leading maintenance and modifications supplier offshore Norway. Image from Aker Solutions…
Aker Solutions completed the acquisition of 70% of Brazilian CSE Mecânica e Instrumentação Ltda. The agreement includes an option for Aker Solutions to purchase the remaining 30% of the company three years from now. The acquisition…
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