Search results for: aker-bp

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  • 24 October 2017
    Business & Finance

    Aker BP has entered into an agreement to acquire Hess Norge for the cash consideration of USD 2.0 billion. The transaction includes Hess Norge’s interests in the Valhall (64.05 per cent) and Hod (62.5 per cent) fields in which Aker BP becomes the sole owner. Aker BP will also assume Hess Norge’s tax positions, which […]

  • 8 May 2018

    Norwegian oil company Aker BP has formed an operations alliance with KAEFER, Prezioso Linjebygg, and FORCE Technology. 

  • 1 December 2016
    Business & Finance

    Aker BP has completed the integration following the merger between Det norske oljeselskap (Det norske) and BP Norway. The company informed that Aker BP now operates as one organization. “Aker BP has been through extensive integration work since we announced the merger, and we are very proud to mark the day one for the new organization. […]

  • 18 January 2019

      Norwegian oil company Aker BP is raising its growth ambitions on the back of what it says is a strong performance in 2018. Aker BP on Friday said it plans to organically triple its production by 2025, to cut production costs from USD 12 to USD 7 per barrel by 2023, and to significantly […]

  • 5 March 2020
    Equipment, Project & Tenders

    Aker BP and Framo have entered into a long-term contract for seawater lift pumps maintenance which covers all of the five field centers where Aker BP is the operator. This is a continuation of the pilot contract signed by Aker BP, pump supplier Framo and technology company Cognite during ONS in 2018. In 2018, the […]

  • 2 July 2018
    Equipment

    Aker BP has entered a three-year cooperation agreement with Resoptima for the incorporation of its software solutions into Aker BP’s digitalization effort within reservoir management.

  • 17 April 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Norwegian oil and gas company Aker BP has made changes to its executive management team as a result of reduced activity and the subsequent need for organizational adjustments.

  • 30 September 2016
    Business & Finance, Operations & Maintenance

    Det norske has today completed the closing of the merger with BP Norge and the subsequent establishment of Aker BP. “We are proud to announce the closing of the merger and the creation of Aker BP, the largest Norwegian independent oil and gas producer. The integration process is on track, and Aker BP is establishing […]

  • 3 October 2018
    Equipment

    BP has signed a ventures cooperation agreement with Aker BP for cooperation in the development and deployment of advanced technologies in their businesses.

  • 12 March 2019
    Business & Finance

    UK oilfield services provider ASCO has secured a contract extension with oil exploration and development company Aker BP ASA.

  • 10 July 2018

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

  • 19 December 2017
    Business & Finance

    Aker BP has acquired a 17% stake in the Norwegian company Fishbones AS. Fishbones is an unconventional stimulation technology applied to increase the production rates in tight reservoirs, Aker BP explained. The Fishbone concept was initially developed for a field trial at Valhall from 2008 to 2012, but was not put to use. The technology […]

  • 5 March 2020
    Business & Finance, Equipment

    Aker BP and Framo have entered into a long-term contract for seawater lift pumps where compensation is directly linked to facility uptime.

  • 3 October 2018
    Operations & Maintenance, Research & Development

    BP has signed a ventures cooperation agreement with Aker BP to explore possible areas of cooperation in the development and deployment of advanced technologies in their businesses. Through their planned strategic alliance, BP and Aker BP intend to explore potential venture capital investments targeting technology and innovation improvements, including developments in digital twins, advanced seismic […]

  • 10 January 2019
    Business & Finance, Equipment

    Aker BP has selected Optime Subsea as a provider of well access system and services on the Norwegian Continental Shelf for the next two years, with extension options.

  • 19 June 2018

    Norwegian oil company Aker BP has been offered interests in six exploration licenses in the 24th licensing round in Norway.

  • 3 December 2018

    Aker BP has completed the acquisition of license portfolio on the Norwegian Continental Shelf from Total. 

  • 14 March 2018
    Business & Finance

    Aker BP has awarded Endúr Fabricom a deal for delivery of mechanical maintenance services on all of Aker BP’s installations on the NCS.

  • 30 September 2016

    Det norske oljeselskap, a Norwegian oil company, and BP Norge, a Norwegian subsidiary of the British oil firm BP, have completed their previously announced merger. Det norske said on Friday morning that the closing of the transaction was scheduled to take place “today,” September 30, 2016. On Friday afternoon, Det norske reported that the merger […]

  • 18 December 2017
    Equipment

    Aker BP has invested in and acquired a 17% stake in the company Fishbones, an unconventional stimulation technology applied to increase the production rates in tight reservoirs.

  • 16 July 2018
    Business & Finance

    Aker BP has named Evy Glørstad-Clark as SVP Exploration of Aker BP. She will be part of the Executive Management Team.

  • 1 December 2016

    Aker BP, a new exploration and production player in Norway,  has completed the integration after the merger between Det norske oljeselskap and BP Norway, announced earlier this year. The merged company on Thursday announced that Aker BP now operates “as one organization with considerable ambitions on the Norwegian continental shelf.” “Aker BP has been through […]