Aker BP
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Aker BP submitted the NOAKA development plan along with 10 other investments on the Norwegian shelf that collectively represent one of the largest private industrial developments in Europe.
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Development of these offshore fields carries a combined price tag net to Aker BP of $19 billion.
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An Equinor-led partnership to test prospect northeast of Visund.
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The Norwegian operator cites inflation and uncertainty surrounding supplier markets as factors in the decision.
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The Norwegian oil and gas producer announced its new spending plan that aims to raise production past half a million barrels a day.
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The company has renamed itself Orrön Energy and will be a pure-play renewables business. Lundin's E&P business was transferred to Aker BP, closing a $14-billion deal announced in December 2021.
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The partners decide on a single operator for finds in the NOAKA area.
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One of the newest ways to plug and abandon wells and patch casing leaks involves an alloy that flows like water.
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Billed as the world’s longest AC power-from-shore project, Aker BP’s NOA Fulla field and Equinor’s Krafla field in the North Sea will be powered from the mainland by renewable hydropower.
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Accenture was selected by Aker BP to develop a data factory in collaboration with Cognite. The cloud-based project has the goal of digitalizing the full lifecycle of the company’s operations to cut costs, improve productivity, and lower its carbon footprint.