"Aker BP" News

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…

Semi-submersible Drilling Rig Assigned for Kjøttkake Exploration Well Offshore Norway

May 30, 2023

Oil and gas company Longboat Energy said Tuesday that a semi-submersible drilling rig had been assigned for the drilling of the Lotus (Kjøttkake) exploration well in Norway. Longboat Energy has a 30% stake in the DNO-operated project.The Lotus…

Norway: Johan Sverdrup Offshore Oil Field Achieves Record Production

May 24, 2023

Norwegian oil firm Equinor said Tuesday that a successful capacity test had been performed confirming that the Johan Sverdrup offshore oil field could produce up to 755,000 barrels of oil per day.During a capacity test at Johan Sverdrup, the field reached a record-high production level of 755…

Aker BP to Boost Dividend as Profits Soar

Feb 10, 2023

Norwegian independent oil firm Aker BP AKRBP.OL will boost its dividend by 10%, the company said on Friday after posting a $2.2 billion operating profit for the final quarter of 2022, up from $1.2 billion a year earlier. Norway's second-largest listed oil company…

Norwegian Rig Count Shrinks Further as More Semi-subs Get Work Elsewhere

May 19, 2023

Following the recent departures of two Odfjell Drilling-managed semi-submersibles from Norway to Africa, four more rigs have been contracted to work outside of the North Sea region in an upcoming period, with three of them managed by Transocean…

Floatel Endurance Selected for Skarv Satellites Project Offshore Norway

Apr 28, 2023

Floatel International, a company providing offshore accommodation rigs to oil and gas companies, said Friday it had won a contract with the Norwegian oil company Aker BP.The contract is for modifications and maintenance activities related to the Skarv FPSO unit…

Norway Oil Workers Agree Wage Deal, Avert Strike

May 03, 2023

Wage talks between Norwegian oil firms and two labor unions ended in a deal on Wednesday, industry and union officials said, averting the risk of strike action later this year.The Lederne union as well as Industri Energi both came to an agreement with companies…

Aker BP Selects ABL Group for Marine Warranty Survey Services for Offshore Field Developments

Mar 27, 2023

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…

Aker BP Starts Production from North Sea Oil Field

Mar 14, 2023

Norwegian oil company Aker BP has started production from the Frosk field development in the  Alvheim area, offshore Norway.The Frosk field is tied back to Alvheim FPSO in the North Sea via existing subsea infrastructure. The field, discovered in 2019…

Lime Petroleum Pre-Qualifies as Operator on Norwegian Continental Shelf

Mar 30, 2023

Lime Petroleum, a 91.65% subsidiary Rex International Holding, has been pre-qualified as an operator on the Norwegian Continental Shelf (NCS) by the Norwegian Ministry of Petroleum and Energy. This follows the completion of a pre-qualification process which started in April 2022…

Norway: Aker BP, Partners to Spend $20.5B on New Offshore Oil and Gas Projects

Dec 16, 2022

Norwegian oil firm Aker BP and its partners will invest more than 200 billion crowns ($20.5 billion) to develop several oil and gas fields off Norway in the coming years, the company said on Friday. Aker BP and other oil firms working off Norway…

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