Oslo-listed offshore installation giant Subsea 7 will be responsible for the delivery and installation of subsea pipelines and umbilicals at Aker BP's recently sanctioned Hod field development project, in the North Sea offshore Norway.Aker BP…
Offshore platforms delivering almost half of Norway's oil production might soon be powered from shore, which the government says, would reduce emissions considerably, given that Norway's mainland electricity comes mainly from hydropower and wind farms…
Offshore installation and decommissioning firm Allseas has won a contract to remove three complete offshore platforms and two jackets in Norway for Aker BP.The company said on Wednesday that Aker BP had awarded it a deal for the removal and…
Norwegian oil company Aker BP has ordered the topside and steel substructure from Kvaerner for the normally unmanned wellhead platform at the Hod field. Kvaerner said the deal means that laid-off staff would return to work at its Verdal yard…
Following Norway's decision in April to cut oil production to support oil prices, and the King's approval of the proposed cuts last week, the country's Energy Ministry on Monday announced the list of fields covered by the planned cuts that are expected to take effect from June…
Danish offshore drilling company Maersk Drilling has said it has received early contract termination notices for two of its drilling rigs.Maersk Drilling said Friday that Shell had the contract for the semi-submersible Mærsk Developer 'with immediate effect…
Norwegian oil firm Aker BP has started production from the first Ærfugl phase 2 well in the Norwegian Sea, which is, according to the company, three years ahead of the original plan. The Ærfugl field produces via Skarv FPSO approximately 210 km west of Sandnessjøen…
Oil and gas company Aker BP announced on Tuesday it has produced first oil at its Valhall Flank West normally unmanned installation (NUI) in the Norwegian sector of the North Sea.The NOK 5.5 billion ($609.5 million) development aims to produce…
Norwegian independent oil firm Aker BP will postpone non-sanctioned projects to cut its planned 2020 capital and exploration spending by 20% due to the coronavirus but maintains its production guidance, it said on Monday.Capital spending for this year would be reduced to $1…
Offshore completions services company Tendeka has received a Letter of Intent for the supply of sand-face completion equipment to Aker BP’s Norwegian assets. Tendeka said the deal was a substantial one with a multi-million-pound scope.Over the next three years…
Norwegian offshore engineering and construction company Kvaerner expects 2020 revenue and EBITDA to be lower compared to 2019, citing an effect of the market cycle with few new orders in 2018 and 2019. Kvaerner on Wednesday released results for the fourth quarter and full year of 2019…
The first successful “Single-Trip Multi-Frac” campaign has been executed on the Valhall field, marking the first time this specific well stimulation method has been performed offshore.“The traditional method takes two-three days to fracture a single zone of the reservoir…
From reporting on major new deepwater discoveries and impressive engineering and technological feats, to expert commentary on impactful market trends, Offshore Engineer delivered no shortage of exciting offshore industry coverage throughout 2019…
The North Sea decommissioning picture is murky at best, and its constantly evolving timetable is proving difficult to plan for, judging by the qualifying comments of a number of operators and regulators, of late.While the technology of offshore…
Norwegian authorities have given operator Aker BP the go-ahead to start up the Valhall West Flank facility in the North Sea this autumn.West Flank, a further development of the Valhall field, is an unmanned facility with 12 well slots, and it…
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