At ONS we will show how we can solve the challenges we face in our company and for our industry. To reach our goals there is a great need for change and innovation.

We must cut costs and increase productivity, by enhancing the way we work and innovate throughout the value chain.

Aker BP want to lead on in the digitalization, and you will see that when you visit our stand. The vision is to digitalize the entire life cycle for our operations.
The rewards will be:

• Increased productivity
• Better quality
• Shorten the time we use on different processes
• Reduce environmental impact and improve safety for our employees

We want to do things differently and challenge the business’ mindset and way to operate. We will be happy to be the oil business’ Google or Spotify!

To become more digital, we have three important areas to work with:

• Prioritization of data that is our fundament (many sources/silos)
• To be able to smart use of data, and we cooperate with Cognite to solve this
• We would like to share data and make it accessible, not just for us in Aker BP, but for the entire value chain. That is why we use the term; Data Liberation

We want a Norwegian Continental Shelf that:

• Has all data available with an open API standard, that enable big data analysis
• Where we separate data and applications
• We share data throughout the value chain

About Aker BP:

• Aker BP is a fully-fledged oil company with a lot of activities in exploration, development and operations on the Norwegian Continental Shelf.
• We have a clear ambition: To create the leading exploration- and production company offshore
• Measured by production, Aker BP is one of the biggest independent oil companies in Europe, and registered on the Oslo Stock Exchange (OSE). Average production during the first half of 2018 was 158 000 barrels per day.
• Aker BP has a balanced portfolio and is operating the field centers Valhall, Ula, Ivar Aasen, Alvheim and Skarv.
• The company is headquartered in Fornebu, Oslo, and we have branches in Stavanger, Trondheim, Harstad and Sandnessjøen.
• 1400 people are employed in Aker BP, and we are growing, in 2018 we will hire nearly 300 new colleagues

Aker BP is owned by Aker ASA (40 %), BP (30 %), others (30%).

Aker BP and Aker Solutions are forming an alliance to deliver modification projects on three of Aker BP’s fields.

“We have worked closely with Aker Solutions for many years and are proud to establish this alliance – perhaps the first and largest of its kind on the Norwegian shelf. The agreement is in line with Aker BP’s strategy of entering into long-term, predictable agreements with partners,” says SVP Projects Olav Henriksen in Aker BP.

The alliance agreement is based on the framework agreement that BP Norge and Aker Solutions signed in 2015. It comprises all modification work on the offshore installations on Valhall, Ula and Skarv. Aker Solutions’ fabrication workshops in Egersund and Sandnessjøen will also deliver work through the Modification Alliance.

Joint organisation

An organisation for the Modification Alliance was established in April. The organisation, with nearly 500 people, is co-located in Stavanger.

“We know that we depend on both us and our suppliers evolving in order to compete in a future market. Aker BP and Aker Solutions have worked together to streamline work processes in recent years. There was still a strong desire from both companies to establish an alliance for modification projects,” says VP Modification Projects in Aker BP, Marie Ravnestad.

“We have done a lot of work to describe how to define the scope of work for each installation. It was important to establish an agreement with common incentives to secure that good results reward both parties,” says Ravnestad.

Goal is to become leading

The alliance agreement was signed on 6 July. An important milestone for Aker BP, according to SVP Projects Olav Henriksen.

“Our goal is to become the leading project organisation for modifications on the Norwegian shelf. With the expertise and experience that these two companies have accumulated, there is no reason why we cannot reach that goal together,” says Henriksen.

Aker BP partners with Resoptima for implementing next-generation reservoir management software

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Aker BP has made a gas discovery in the Barents Sea, and it is being analysed.

The gas discovery was made in the Svanefjell prospect in the Barents Sea.

«Per today it is not considered to be commercial, but we will re-evaluate the volume and commerciality if it is concluded that the gas is in gas hydrate phase,» says SVP Exploration in Aker BP, Gro Gunleiksrud Haatvedt.

Click here to read the press information from the Norwegian Petroleum Directorate.

The “Asset Integrity Alliance” consists of Aker BP, KAEFER, Prezioso Linjebygg and FORCE Technology. (mer…)

Kjetel Digre has been appointed SVP Operations of Aker BP, and will be part of the Executive Management Team. He comes from a position in Statoil as SVP and Project Director for the Johan Sverdrup project development. Mr Digre holds an MSc with distinction in Subsea and Petroleum Engineering from Heriot Watt University in Edinburgh, Scotland.

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The Norwegian Ministry of Petroleum and Energy approved the Plan for development and operation (PDO) for Ærfugl in the Norwegian Sea.

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The Ministry of Petroleum and Energy approved the plans for development and operation (PDOs) for Valhall Flank Vest and the Skogul development on Friday 23 march. Both are operated by Aker BP.

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Key information relating to the cash dividend to be paid by Aker BP ASA

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