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, the discovery size is between 0.5 and 0.8 million standard cubic meters (Sm3) of recoverable oil.The well was drilled about 5 kilometers west of the Vilje field in the North Sea…
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's oil and gas firms have sharply raised their investment forecasts for 2023 after proposing more than a dozen new projects at the end of last year, a national statistics office (SSB) survey showed on Thursday. The country's biggest business sector now expects to invest 187…
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…
Oilfield services firm TechnipFMC said Tuesday it had won a 'large' integrated engineering, procurement, construction, and installation (iEPCI) contract by with the Norwegian offshore oil company Aker BP for its Utsira High development. For TechnipFMC…
Norwegian oil and gas group Aker BP will use exploration, mergers, and acquisitions to rebuild its base of untapped resources after Friday's record investment decision, the company's chief executive told Reuters.Aker BP and its partners announced…
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…
Mainstream Renewable Power, BP and Statkraft have signed a memorandum of understanding (MoU) with Windport in Mandal, Norway, to 'position the port at the forefront of offshore wind development.' Mainstream, BP, and Statkraft are partnering…
European buyers of Norwegian natural gas should commit to paying a minimum price if they want to obtain long-term supply deals that prevent price spikes like those seen this year, the chair of Norwegian producer Aker BP told Reuters.Gas prices…
Norwegian oil and gas firm Aker BP has received a Petroleum Safety Authority Norway (PSA) consent to use the jack-up drilling rig Maersk Invincible for drilling activities on the Ivar Aasen field, offshore Norway. The consent includes plugging…
Norwegian oil and gas company Aker BP and its alliance partner, engineering and construction firm Aker Solutions, have awarded Rosenberg Worley a letter of intent for the construction of two modules for the new central platform on the Valhall field in the North Sea…
Norwegian offshore engineering and construction company Aker Solutions, and offshore installation firm Subsea 7, have won 'sizeable' contracts from Aker BP to assist with the development of Trell & Trine offshore discoveries, located in the Alvheim area of the North Sea…
Norway's Petroleum Safety Authority Norway has given operator Aker BP consent for life extension of the Tambar field in the Norwegian North Sea.The Tambar field is part of production license 065, for which Aker BP is the operator. Consent includes…
The Norwegian Ministry of Petroleum has approved Aker BP's plan for the development and operation of the Frosk field in the Alvheim area, in the North Sea, offshore Norway.The Frosk field, discovered in 2019, is located around 25 kilometers southwest of the Alvheim FPSO…
The Petroleum Safety Authority Norway (PSA) has granted Aker BP its approval to use the Hod B platform in the Norwegian part of the North Sea.Hod B is a normally unmanned installation (NUI), installed in August last year at the Hod field, offshore Norway…
