Aker BP has invested in and acquired a 17 % stake in the company Fishbones AS (“Fishbones”). Fishbones is an unconventional stimulation technology applied to increase the production rates in tight reservoirs.

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Aker BP bekrefter at en person er omkommet etter den alvorlige ulykken på boreriggen Maersk Interceptor på Tambar torsdag. 

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Aker BP has chosen «Ærfugl» as the new name for the 60 kilometer long gas field just west of the Skarv field.

The decision came after a name contest organized in collaboration with the local newspaper Helgelands blad, where in total 88 different name suggestions came in.

The Ministry of Petroleum and Energy approved the new name this week, subject to the partnership submitting the PDO.

PDO of the field, which is located in the Norwegian Sea about 210 kilometers from Sandnessjøen, is scheduled to be delivered to the Ministry in December this year.

Aker BP ASA (Aker BP) has entered into two separate alliance agreements, one with Maersk Drilling and Halliburton for Jack-Ups, and one with Odfjell Drilling and Halliburton for Semi-submersibles.

Both alliances are formed under the “one for all, all for one” collaboration model where the partners align around common goals to drive continuous improvement and create greater value for all.

Enhance productivity

Aker BP is committed to increase the productivity, quality, flow- and time efficiency throughout the value chain. Strategic alliance relationships are an integral part of this strategy.

“The Drilling & Wells alliances will further strengthen our One Team approach and enhance integration and productivity along the value chain. Strategic alliances with our suppliers in addition to the digitalization strategy are key enablers to our improvement agenda”, says Tommy Sigmundstad, SVP Drilling & Wells in Aker BP.

The intent is that the Drilling & Wells alliances will plan and execute sanctioned production and exploration drilling activities by using an integrated well delivery model; a “Drilling & Well Alliance”.

Halliburton will provide Aker BP’s well construction activities performed from either a Jack-Up (Maersk) or Semi-submersible (Odfjell) drilling unit, provided the model is approved in the respective licenses.

The framework agreements are five years firm with the option to extend for five years.

Collaboration

“With this alliance and the unique integrated well delivery model, we are leveraging our collective experience and capabilities to reduce waste across the value chain. Maersk Drilling is looking forward to utilizing our high performance jack-ups as a platform to implement digital solutions to improve drilling efficiency and lower total well cost for Aker BP,“ says Jørn Madsen, CEO of Maersk Drilling “

“The award from Aker BP is recognition of Odfjell Drilling’s capabilities to deliver safe and efficient wells, coupled with our strategy focused on innovation and collaboration. We believe that digitalization is a key enabler for further increasing productivity in drilling operations. In order to successfully deliver on this agenda, the parties need to collaborate closer over time and this alliance is an important step in that direction“, says Simen Lieungh, CEO at Odfjell Drilling.

«We look forward to working with Aker BP and to applying our digital approach to this alliance. Our Digital Well Program™ built on an open community will enable Aker BP and other service providers to better collaborate and align around the oil and gas digital twin for lean process execution and optimal drilling decisions,» says Nagaraj Srinivasan, Senior Vice President, Landmark and Halliburton Digital Solutions.»

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

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Aker BP ASA has awarded a contract to DeepOcean for subsea inspection, maintenance and repair (IMR) activities.

The contract has a total market value of minimum NOK 300 million during the initial three years, with an option to continue the activities for an additional six years (2+2+2)

The contract includes ROV activities related to subsea inspections, maintenance and repairs (IMR) on Aker BP-operated assets (Valhall, Hod, Ula, Tambar, Ivar Aasen, Alvheim and Skarv)

Aker BP and DeepOcean have entered into a combined framework agreement with a binding minimum volume per year.

“This is an important contract for Aker BP. We invited several companies to tender. DeepOcean won this contract due to a very good offer based on the implementation of new technology and safe, cost-effective solutions,” says Olav Henriksen, SVP Projects in Aker BP.

Aker BP ASA has awarded an agreement to Odfjell Drilling for the lease of the semi-submersible drilling rig Deepsea Stavanger for a period of approximately 9 months, with commencement in February 2018.

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Aage Ertsgaard, varamedlem for arbeidstakerrepresentanter- og Emil Brustad-Nilsen, varamedlem for aksjonærene i styret, har trukket seg fra styret i Aker BP ASA.

Ertsgaard er ikke lenger ansatt i selskapet, og Brustad-Nilsen har trukket seg på grunn av allmennaksjelovens krav til kjønnsrepresentasjon i styret.