10 articles
Aker BP's Yggdrasil and Valhall-Fenris projects see cost increases of 9.8% and 23% per fiscal budget data, driven by expanded scope and construction estimates before planned production next year.
Norway's Aker BP announced a small gas discovery in the North Sea with preliminary estimates ranging from 1 to 15 million barrels of oil equivalent. License partners will now assess economic profitabi
Aker BP started oil and gas production from its Skarv Satellite Project in the Norwegian Sea, adding 120 million barrels of oil equivalent. This milestone completes the company's subsea tie-back portf
Equinor, Aker BP, and Vaar Energi plan to cooperate on oil and gas exploration in Norway's frontier areas to combine expertise and sustain value creation beyond 2035.
Equinor and Aker BP discovered gas in the Linga prospect northwest of the Balder field, with recoverable estimates between 0.1 and 2.1 million standard cubic metres of oil equivalent.
Norway's government appeals a lower court ruling invalidating three oilfield permits over climate concerns, aiming to maintain production at Equinor and Aker BP sites. The outcome impacts Norway's sta
Aker BP raised its stake in Norway's Johan Sverdrup oil field to 31.7% after a technical review. It will gain an additional 2.2 million barrels of oil equivalent over two years for approximately $31.7
Equinor and Aker BP have reached a strategic cooperation agreement to restructure North Sea assets, involving equity swaps and a $23 million cash payment to optimize resource development, effective Ja
Norwegian oil majors Equinor and Aker BP agreed to swap stakes in several offshore fields to accelerate development and boost production. The deal optimizes portfolios and supports long-term value cre
Norwegian oil firm Aker BP reported Q1 EBITDA of $2.66 billion, meeting analyst expectations despite a year-over-year decline. Major offshore projects Yggdrasil and Valhall remain on schedule for firs
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