Aker BP Accedes Nine of Ten Offshore Field Plans, as Troldhaugen Project Discontinued
Norwegian oil and gas company Aker BP has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded…
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Norwegian oil and gas company Aker BP has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded…
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.
Aker BP has decided to move ahead with nine out of ten oil and gas projects for which PDOs were previously handed over.
Norwegian firm Aker BP has started production from the Frosk field in the Alvheim area in the Norwegian North Sea.
Oil and gas projects sanctioned under Norway’s temporary tax regime could help bolster energy supplies to the rest of Europe