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Norway: Aker BP moving ahead with nine of ten PDO projects

Aker BP has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded to all the Plans for Development and Operation submitted in December 2022, except from one. The total recoverable resources from these development projects were estimated to 730 mmboe net for Aker BP, with net investments of approx. USD 19 billion in nominal terms and an average break-even price of USD 35-40 per barrel.
Valhall Pwp Fenris Edvard Grieg Idun Nord Norwegian Ministry Of Petroleum Ministry Of Petroleum Development Report For Solveig Phase

Aker BP moves forward with nine offshore field development projects, discontinues one

The total recoverable resources from these development projects were estimated to 730 MMboe net for Aker BP, with net investments of approximately $19 billion in nominal terms and an average break-even price of $35-40 per bbl.
Valhall Pwp Fenris Edvard Grieg Idun Nord Norwegian Ministry Of Petroleum Ministry Of Petroleum Development Report For Solveig Phase

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