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Outages at three major Norwegian facilities on June 13 and the resulting spike in European gas prices highlighted the continent’s now significant reliance on Norway’s gas and its vulnerability to supply shocks. [Gas in Transition, Volume 3, Issue 7]
Norway's Aker BP has made a much bigger than expected oil discovery in the Yggdrasil area of the North Sea, the energy company reported on Thursday.
Cognite, a global leader in industrial software, in a joint effort with Aker BP, today announced it has successfully achieved DNV-RP-A204 compliance.
Although Europe seemed to be dedicated to phasing out fossil fuels, the war in Russia and Ukraine has led to new investments in oil and gas.
Along with several measures to increase efficiency and recovery, these development projects will enable Aker BP's oil and gas production to grow from around 400,000bpd in 2022 to around 525,000bbl in 2028.