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General Meeting
The General Meeting is the highest authority of the Company. Aker BP’s articles of association and the Norwegian Public Limited Companies Act stipulate the role and mandate of the General Meeting which we follow. The Annual General Meeting (AGM)…
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More than 200 Norwegian suppliers involved in Yggdrasil and Valhall PWP-Fenris
So far, more than 200 Norwegian supplier companies are directly contributing to the two upcoming major developments on the Norwegian shelf – Yggdrasil and Valhall PWP-Fenris. And the number will grow in the years to come. “The…
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Nine Aker BP-operated field development plans approved
Aker BP (OSE: AKRBP) (OTCQX: AKRBF; AKRBY): The Norwegian Ministry of Petroleum and Energy (MPE) has today approved a total of nine plans for development and operation (PDOs) and one plan for installation and operation (PIO), all operated by…
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Approved development plans for Skarv Satellite Projects (SSP)
Aker BP (OSE:AKRBP, OTCQX:AKRBF): The Norwegian Ministry of Petroleum and Energy (MPE) has today approved the three Plans for development and operation (PDO) under the Skarv Satellite Project (SSP) in the Norwegian Sea. Link to the MPE's…
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Development plans for Symra and Solveig Phase 2 approved
Aker BP (OSE: AKRBP) (OTCQX: AKRBF; AKRBY): The Ministry of Petroleum and Energy (MPE) has today approved the development plans for Symra and Solveig Phase 2, which are both located in the Utsirahøyden area in the North Sea. The two…
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Yggdrasil contract to Linjepartner
Linjepartner has been selected as partner for delivery of overhead lines in the Yggdrasil power from shore project. The contract will secure activity and jobs in the Levanger-based company for several years. “This represents the selection…
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Record-breaking well behind the Yggdrasil discovery
When the Øst Frigg Beta/Epsilon wildcat well reached its target depth, the team had drilled 8168 metres. As it made its way horizontally through the reservoir, the value of Yggdrasil increased metre by metre − in what is Norway’s longest ever…
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Aker BP confirms oil discovery near Yggdrasil
Aker BP (OSE:AKRBP, OTCQX:AKRBF) has successfully completed the drilling of the Øst Frigg Beta/Epsilon exploration well in the Yggdrasil area. This marks the longest exploration well ever drilled on the Norwegian Continental Shelf and has resulted…
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Alvheim FPSO celebrates fifteen years of production
Today the Alvheim FPSO celebrates fifteen years of oil and gas production. The field and the production vessel have over-performed since production commenced on 8 June 2008. Perhaps the best birthday present comes from the Minister of Petroleum and…
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