Yggdrasil News

NKT Concludes First Cable Installation Phase for O&G Scheme Off Norway

Mar 10, 2025

Danish power cable maker and services provider NKT has completed the first installation campaign Norway to connect Aker BP-operated Yggdrasil offshore oil and gas area to shore.NKT said the first installation campaign in the Norwegian fjords and in the North Sea has been completed…

Floatel Firms Contract for Floatel Superior in North Sea

Feb 12, 2025

Offshore accommodation rig firm Floatel International has secured firm contract with an undisclosed client North Sea client for Floatel Superior.Floatel Superior will provide services in the second quarter of 2026 under the three-month contract…

Norway Offers 53 New Production Licenses

Jan 14, 2025

The Norwegian Ministry of Energy has offered 53 new production licenses on the Norwegian continental shelf.Awards in Predefined Areas (APA) is an annual exploration round for the Norwegian continental shelf.  Of the 53 production licenses offered in APA 2024…

Glamox to Illuminate North Sea Oil and Gas Platforms

Nov 26, 2024

Lighting solutions specialist Glamox has secured contracts to provide around 5,000 energy-efficient marine LED lights for new oil and gas platforms being built for the Yggdrasil and Valhall PWP-Fenris developments in the North Sea.The contracts include around 4…

Flare Gas Recovery Meets the Future

Dec 26, 2024

Flare gas recovery lies at the heart of a range of integrated, new emissions abatement technologies.The World Bank’s 2015 launch of the Zero Flaring by 2030 initiative saw flare gas recovery become a standard part of many topside production processing systems…

Oil and Gas in Norway Set for Record Investments in 2025

Dec 16, 2024

Oil and gas companies operating in Norway expect to invest a record 275 billion Norwegian crowns ($24.68 billion) in 2025, up from 263.7 billion this year and more than previously expected, the Offshore Norge industry association said on Monday…

TGS and Aker BP Ink Strategic Partnership for Yggdrasil Area Digitalization

Sep 30, 2024

TGS, a global provider of energy data and intelligence, has signed a strategic partnership with Aker BP contributing to digitalize the operations of the Yggdrasil oil and gas area.This agreement builds on the ongoing collaboration between the…

Norway's Offshore Project Costs on the Rise

Oct 07, 2024

Energy firms Equinor, Aker BP and Vaar Energi have raised their crown-denominate cost estimates for major oil and gas development projects offshore Norway, the country's government said on Monday.Equinor's Johan Castberg project is now expected to cost 86 billion crowns ($8…

Subsea7 Hires GEG to Fabricate Subsea Spools for Aker BP’s Yggdrasil Field

Aug 15, 2024

Global Energy Group (GEG) has been awarded a contract from Subsea7 Norway, to fabricate 134 subsea spools for the Aker BP-operated Yggdrasil field in the North Sea.The work will be executed from GEG’s flagship multi-user energy facility at the Port of Nigg…

Aker BP, Aize Expand with SaaS Partnership

Aug 21, 2024

Aize announced an expansion of the strategic collaboration with Aker BP to include a Software-as-a-service (SaaS) agreement for all relevant facilities.Aize and Aker BP have focused their combined development efforts on two areas:  Develop…

Aker BP Opts for Optime Subsea’s ROCS

May 06, 2024

Norwegian subsea technology company Optime Subsea has been awarded a contract by Aker BP to develop and deliver five Remotely Operated Controls Systems (ROCS) for use on the Norwegian continental shelf.Aker BP has placed an order with Optime…

Norwegian Court Pauses Ban for Two Aker BP-Operated Oil and Gas Fields

Mar 21, 2024

A Norwegian appeals court put on hold an injunction that could have halted the development of two oilfields operated by Aker BP, environmental group Greenpeace said on Thursday, in a win for the government and energy companies.In January, the…

Three Norwegian Oil and Gas Field Permits Invalidated on Environmental Grounds

Jan 18, 2024

Three permits given by the Norwegian government to develop new offshore oil and gas fields were found to be invalid on Thursday because their environmental impact was not sufficiently assessed, in a ruling that could set a precedent for new fields…

Worley Cuts First Stell for Aker BP’s Valhall PWP-Fenris Project

Jan 19, 2024

Worley Rosenberg in Norway has started construction of platform module for the Valhall PWP-Fenris project, being developed by Aker BP and its partners in the Norwegian part of the North Sea.On January 2, 2024, the first steel cut for the utilities…

Aker BP Taps Multiconsult for Yggdrasil Power from Shore Project Work

Oct 02, 2023

Oslo-listed company Multiconsult has been selected as an advisor to Aker BP for civil engineering, consultancy, and supervision services in the Yggdrasil power from shore project.The development plan for Yggdrasil offshore project was sanctioned by the Norwegian parliament on June 5…

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