Subsea 7 Wins Johan Sverdrup 2 Contract
quality at the forefront throughout.”The Johan Sverdrup development, located about 160 kilometers west from Stavanger, is regarded as Norway’s biggest industrial project in modern history. The Johan Sverdrup licensees are Equinor (operator, 40.0267%), Lundin Norway (22.6%), Petoro (17.36%), Aker BP (11.5733%) and Total (8.44%).The first phase of the development, including the development of four platforms (accommodation and utility platform, processing platform, drilling platform, riser platform), three subsea installations for water injection, power from shore, export pipeline for oil (Mongstad)
Ampelmann Scores W2W Contract in Norway
Dutch offshore service provider Ampelmann said it has secured a contract with DeepOcean to support the hook-up and commissioning of the Valhall Flank West (VFW) project, operated by Aker BP.An E-type system will support the Normand Jarstein vessel enabling the transfer of personnel to the normally unmanned installation. The campaign is due to start in June, Ampelmann said.“We have spent a considerable amount of time designing the offshore access segment of this project directly with Aker BP stakeholders,” said Lorenz Nehring, Business Development Manager UK & Norway at Ampelmann.
Johan Sverdrup Phase 2 Plan Approved
project received broad support in Norway’s parliament at the end of April, and today the partnership received the formal approval by the Norwegian Ministry of Petroleum and Energy (MPE).“This is a big day for Equinor and the other Johan Sverdrup partners comprising Lundin Norway, Petoro, Aker BP and Total,” said Anders Opedal, executive vice president for Technology, Projects and Drilling in Equinor. “This truly marks the beginning of the second development phase.”Trond Bokn, senior vice president for the Johan Sverdrup development in Equinor, received the formal approval
'Frog's Leg' Proves Bountiful for Aker BP
Aker BP finds up to 153 million barrels of oil equivalents in North SeaAker BP has discovered an oil and gas reservoir while drilling near its Alvheim field in the North Sea.Known as Froskelaar (Frog's Leg) Main, the reservoir is estimated to hold between 45 million and 153 million barrels of oil equivalents, and may straddle Norway's maritime border with Britain."The drilling operation will continue, and a comprehensive data collection program will be performed to determine the size and quality of the discovery," Aker BP said in a statement.When reserves are found to stretch across
Ivar Aasen Now Operated from Land
Aker BP on Wednesday said it has begun operating the permanently manned North Sea platform Ivar Aasen from an onshore control room in Trondheim, Norway.The Ivar Aasen platform was constructed with two identical control rooms – one on the platform and the other in Trondheim – and the Norwegian company said the plan has always been to move the controls to land. The company received the green light from Norway's Petroleum Safety Authority in November and this week started using its onshore site to monitor facilities, production, equipment and follow up everything that takes place on
Optime Subsea Bags Long-term Deal with Aker BP
Norwegian based Optime Subsea said it has been selected by Aker BP to provide well access system and services on the Norwegian continental shelf (NCS) for the next two years, with extension options.Aker BP will in the next two years use Optime Subsea’s Subsea Controls and Intervention Light System (SCILS) and related services, for its well access operations on the NCS. The system will be deployed this spring on Aker BP’s Jette as part of their plug and abandoment operations and Skogul for its installation campaign.“Using Optime Subsea’s SCILS ties well into our strategy of
Aker BP Q3 Operating Profit Beats Forecast
Aker BP's third-quarter operating profit rose more than expected, helped by a boom in oil prices, the Norwegian oil firm said on Friday, while reducing planned capital and exploration spending.Earnings before interest and taxes (EBIT) rose to $548 million from $219 million in the same quarter a year ago, beating the $521 million expected by analysts in a Reuters poll.The company slightly reduced its 2018 capital spending guidance to $1.25 billion from $1.3 billion, and exploration spending to $400 million from $425 million, while maintaining its production guidance at 155,000-160,000 barrels of
Aker Bets on Software Engineers for Its Oil Business
When the owners of Norwegian oil firm Aker BP decided to digitise its assets and operations, they searched high and low for the right software company. But they failed to find a suitable one.So instead they set up their own, Cognite, to create digital maps of Aker BP's oil industry assets, integrating data from equipment such as pumps, heat and pressure sensors, maintenance records and even staff rotas to improve efficiency and safety.Less than two years later, Cognite is selling its software to Aker BP's rivals and one competitor, Sweden's Lundin Petroleum, has even agreed to share its
Aker BP CEO Predicts Fast Johan Sverdrup Ramp-up
Aker BP, a partner in Norway's giant Johan Sverdrup oilfield, expects a fast ramp-up of production when the initial development phase ends in late 2019, its chief executive said on Thursday."I think it will be done in a few months, because the production per well is so high," Karl Johnny Hersvik told Reuters on the sidelines of an energy conference.Johan Sverdrup Phase 1 will have capacity to produce 440,000 barrels of oil equivalents per day (boed), while the second phase, starting production in 2022, is expected to further boost output to 660,000 boed.Sweden's Lundin Petroleum
IMR Contract to IKM Subsea
Aker BP has awarded IKM Subsea an ad-hoc call of agreement for light IMR services on the Norwegian continental shelf. The duration of the contract is 3 years with additional six years of options. IKM Subsea will provide onshore project management, engineering, tooling preparation and offshore operations utilizing its Merlin ROV fleet.
