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Ærfugl project : Aker BP and partners to proceed with phase 2 development

Ærfugl project : Aker BP and partners to proceed with phase 2 development

Aker BP and its partners will move ahead with the second phase of the NOK 8 billion ($880 million) Ærfugl project (formerly Snadd field development) in the Norwegian Sea, three years ahead of the original start-up plan of 2023. The Ærfugl field is located in the northern part of the Norwegian Sea, just west of […]

Aker BP makes oil discovery in PL 019 C near Gyda oil field, North Sea

Aker BP makes oil discovery in PL 019 C near Gyda oil field, North Sea

Aker BP has made a minor oil discovery near the producing Repsol Norge-operated Gyda oil field in the southern part of the Norwegian North Sea through the drilling of wildcat well 2/1-17 S in production licence 019 C (PL 019 C). However, the latest oil discovery in the North Sea has been assessed to be […]

Johan Sverdrup project in North Sea begins production

Johan Sverdrup project in North Sea begins production

Johan Sverdrup phase 1 : The first phase of the NOK 124 billion ($13.6 billion) Johan Sverdrup project in the Norwegian North Sea has produced its first oil, said operator Equinor and its partners. Equinor, which is partnered by Lundin Petroleum, Petoro, Aker BP, and Total E&P Norge, expects to draw 440,000 barrels of oil […]