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Gråsel oil field : Aker BP and partners to invest $140m to develop Norwegian Sea discovery in 2021

Gråsel oil field : Aker BP and partners to invest $140m to develop Norwegian Sea discovery in 2021

Aker BP and its partners in the Skarv Ara in the Norwegian Sea have decided to develop the Gråsel oil field next year having approved a final investment decision. The development of the Gråsel discovery is expected to involve an investment of around NOK 1.2 billion ($140.4 million). Gråsel was discovered in 1998. Aker BP’s […]

PGNiG reports Warka gas discovery in PL1009 license in Norwegian Sea

PGNiG reports Warka gas discovery in PL1009 license in Norwegian Sea

Warka gas discovery : PGNiG Upstream Norway has claimed to have made a large gas discovery in the Norwegian Sea through the drilling of a wildcat well 6507/4-1 on the Warka prospect in license PL1009. According to the company, the exploration well is located in an area where it has been carrying out hydrocarbon exploration […]

Ærfugl phase 1 project brought into production by Aker BP and partners

Ærfugl phase 1 project brought into production by Aker BP and partners

Ærfugl phase 1 project : Operator Aker BP and its partners Equinor, Wintershall Dea, and PGNiG have begun production from the phase 1 development of the Ærfugl oil field (formerly Snadd field) in the Norwegian Sea. The partners are developing the offshore Ærfugl field in two phases with a total investment of NOK8 billion ($873.12 […]

PGNiG to acquire Shell’s stakes in Kvitebjørn and Valemon fields

PGNiG to acquire Shell’s stakes in Kvitebjørn and Valemon fields

PGNiG Upstream Norway has agreed to acquire the stakes of Norske Shell in the producing Kvitebjørn and Valemon fields in the Norwegian North Sea. Norske Shell is a subsidiary of Royal Dutch Shell, while PGNiG Upstream Norway is a subsidiary of Polish state-controlled oil and gas company PGNiG. The financial terms of the deal were […]

PGNiG completes Gina Krog and Alve Nord deal with Aker BP

PGNiG completes Gina Krog and Alve Nord deal with Aker BP

Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) said that its subsidiary PGNiG Upstream Norway has wrapped up a previously announced transaction to acquire stakes in the producing Gina Krog field and the undeveloped Alve Nord field, both located offshore Norway, from Aker BP. For the Polish state-controlled oil and gas company, the closing of the deal […]

Skogul oil field : Aker BP set to begin production from Norwegian oil field

Skogul oil field : Aker BP set to begin production from Norwegian oil field

Aker BP and PGNiG have secured consent from the Norwegian Petroleum Directorate (NPD) to begin production at the Skogul oil field in production licence 460 in the North Sea. The offshore Norwegian field has been developed with a subsea template tied-in to the Alvheim FPSO through the Vilje field. Discovered in 2010 following the drilling of […]

PGNiG increases stake in Duva oil and gas field, offshore Norway

PGNiG increases stake in Duva oil and gas field, offshore Norway

PGNiG Upstream Norway has secured a final administrative consent to increase its presence in the Duva oil and gas field in the North Sea by acquiring an additional 10% interests in the PL636 and PL636B licences. With the closing of the deal, PGNiG Upstream Norway’s interests in both the licences have gone up to 30%. The […]

Ærfugl project phase 2 : Aker Solutions bags contract for subsea production system

Ærfugl project phase 2 : Aker Solutions bags contract for subsea production system

Ærfugl project phase 2 : Aker Solutions has bagged a contract worth around NOK 700 million ($76.95 million) from Aker BP for the supply of the subsea production system for the Ærfugl project (formerly Snadd field development) in the Norwegian Sea. The subsea delivery for the Norwegian oil project includes wellheads, vertical subsea trees, control […]

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 […]