The Ivar Aasen field in the North Sea was officially opened earlier today (13 February) by Minister of Petroleum and Energy Terje Søviknes. From left Øyvind Eriksen, chairman of the board in Aker BP and CEO in Aker…
Norway’s Petroleum Safety Authority (PSA) has given Aker BP consent to drill exploration well 24/9-11S on the Volund field with the Transocean Arctic in the North Sea. Aker BP is the operator of the Volund field, around 220km west of Tananger in Rogaland county…
Aker BP has completed the integration after the merger between Det norske oljeselskap and BP Norway. Aker BP now operates as one organization with considerable ambitions on the Norwegian Continental Shelf. “Aker BP has been through extensive integration work since we announced the merger…
Norwegian subsea industry focused group GCE Subsea has elected OneSubsea's Jon Arve Sværen as its chairman. Sværen is currently employed as VP Business Strategy Processing in OneSubsea. 'I am convinced that subsea technology has a bright future despite the current downturn in the industry…
Norway-based accommodation vessel operator Prosafe has sold another vessel for scrap and is planning to sell off another to the same end. Image of the Safe Boreas, from Prosafe. Prosafe…
Norway’s Petroleum Safety Authority (PSA) has granted Aker BP consent to connect the Oda field to the Ula field. The Centrica Resources-operated Oda field will be developed as a subsea facility tied back to the Ula field, where Aker BP is the operator…
Despite the low cycle that the market is facing, a total of 30 oil and gas projects are expected to start operations in the North Sea by 2020. The UK will lead with 19 projects, followed by Norway with 10 and Denmark with a single project…
Aker BP started first oil at the Ivar Aasen field earlier this week, just four years after the plan for development and operations (PDO) was submitted. Image of Ivar Aasen, from Aker BP. Production…
Aker BP has received consent from Norway’s Petroleum Safety Authority (PSA) to remove the emergency response vessel at the Alvheim field. Aker BP wants the Alvheim field to be included in the area contingency planning for the Sleipner-Utsira area…
Recently formed Norwegian operator Aker BP has set out an ambition to discover a net 250 MMboe in reserves in 2016–2020. At a capital markets day, the firm said it is planning four operated exploration wells and three partner-operated exploration wells in 2017…
Valhall and Hod have passed 1 billion boe produced, more than three times what was expected at the opening of the field in 1982, Aker BP said. Image of Valhall, from Aker BP. Hod…
Investment costs on the massive Johan Sverdrup development have been further reduced to US$11.64 billion, from $14.76 billion, when the plan for development and operation was submitted. Break-even costs on the project have also fallen to below $20/bbl for Phase 1…
Germany’s Wintershall will use AGR’s well data management and analysis software tool iQˣ for its Maria field on the Norwegian Continental Shelf (NCS). iQˣ is designed to optimize well performance and drilling management by providing a data and knowledge management platform…
Aker BP has awarded a new frame agreement to DNV GL, covering a wide range of safety, verification, inspection and classification services across its installations on the Norwegian Continental Shelf. The five-year contract, which includes options for extension…
Aker BP is considering development options for its Langfjellet discovery in the Norwegian North Sea after completing three appraisal wells on the field, according to the Norwegian Petroleum Directorate (NPD). The discovery, initially estimated at 24-74 MMboe…
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