Our operations
At Aker BP, we produce energy that the world needs, and we contribute with raw materials to a number of products that are used in our daily lives. At the same time, we are working to reduce our emissions, revolutionize the oil industry and help finance the green shift.
The company operates the field centres Valhall, Ula, Edvard Grieg/Ivar Aasen, Alvheim and Skarv. In addition, we have a license share of ~ 31.5% in the Johan Sverdrup field.
We are convinced that there are still opportunities for large and interesting discoveries on the shelf, and we will be an important industrial player in the years to come.
Our assets
Aker BP produces oil and gas from six field centers on the Norwegian continental shelf. The company is the operator of Alvheim, Edvard Grieg/Ivar Aasen, Valhall, Skarv and Ula, and is a partner in the Johan Sverdrup field.
Our projects
Aker BP has a large project portfolio with total net resources of around 700 million barrels of oil equivalent, which will contribute to increase our production in the years to come.
Aker BP’s exploration strategy
Aker BP is one of the most active exploration companies on the NCS, which is considered as a highly attractive petroleum region with significant potential for new discoveries.
The company’s exploration strategy has two primary goals:
- Discover commercial resources near existing infrastructure, resulting in short lead times, attractive economics, improved capacity utilisation and lower unit costs.
- Discover resources substantial to support new stand-alone field developments.
While the level of activity in each category may vary from year to year, our long-term aim is to allocate 80 percent of our exploration efforts to the first category
Impact assessments
The purpose of impact assessments (IAs) is to account for the effects that a development or a facility and its operation could have on the environment, including cultural monuments and cultural environment, natural resources and society. IAs are prepared to ensure these effects are taken into account in the decision-making process.
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Program for impact assessments
- Program for impact assessment – Storjo 08.01.2026
- Ula and Tambar – suggested plan for environmental impact assessment 25.08.2023
- Trell og Trine – suggested plan for environmental impact assessment 07.01.2021
- King Lear – suggested plan for environmental impact assessment 28.06.2021
- Valhall NCP – suggested plan for environmental impact assessment 28.06.2021
- Skarv Satelit Project – suggested plan for environmental impact assessment 07.10.2021
- NOA Fulla – suggested plan for environmental impact assesment 11.10.2021
Misc. documents
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Carbon Capture and Storage (CCS)
Aker BP is evaluating opportunities for CO₂ storage on the Norwegian Continental Shelf (NCS) primarily as a potential new growth opportunity, but also as a means to support Europe’s decarbonization efforts.