OSLO, NORWAY: Aker BP has awarded contracts to alliance partners for front-end engineering and design (FEED) valued at approximately 440 million kroner. The contracts cover a new central platform on Valhall, as well as a new platform and tie-in of the King Lear field. The joint development will contribute to extended lifetime and increased value…
OSLO, NORWAY: Operator Aker BP and the partners in Skarv (Equinor, Wintershall Dea and PGNiG) report that production has started from Gråsel in the Skarv area, four months ahead of the original schedule. “I’m very proud of the project team and our alliance partners: Only six months have passed since the joint venture decided to…
TRONDHEIM: The Board of Directors of OKEA has appointed Svein J. Liknes as new CEO of OKEA, a news release said. The founder and current CEO of OKEA, Erik Haugane (68), has been in discussion with the Board about his succession for some time as Erik will retire from the CEO position in OKEA later…
OSLO: Aker BP has been offered interests in 10 new production licenses in Norway, of which 8 as operator, through the Awards in pre-defined areas (APA 2020) licensing round. Of the 10 production licenses awarded to Aker BP, 7 are located in the North Sea (all as operator) and 3 in the Norwegian Sea (1…
LUXEMBOURG: Subsea 7 S.A announced the award of a sizeable contract by Aker BP for the Ærfugl Phase 2 gas field development, located approximately 210km west of Sandnessjøen in the Norwegian Sea. Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million. This EPCI contract is a long-distance tie-back…