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Aker Bp News

24 Mar 2024

Esgian Week 12 Report: New Finds in Guyana, China and Norway

© bomboman / Adobe Stock

Esgian reports fresh finds confirmed in Guyana, China and Norway in its Week 12 Rig Analytics Market Roundup.Report Outline:ContractsDolphin Drilling has announced the award of a $154 million drilling contract from India's exploration and production company, Oil India Limited (Oil India), to the 6,000-ft semisub Blackford Dolphin.Malaysian offshore drilling firm Velesto confirmed Friday it had recently secured long-term contract extensions for three of its jackup rigs with Petronas Carigali…

17 Mar 2024

Esgian Week 11 Report: New Discoveries in UK and Namibia

Source: COSL

Esgian reports that drilling contracts have been announced this week for operations in Brazil and the Philippines, and new discoveries have been confirmed in the UK and Namibia in its Week 11 Rig Analytics Market Roundup.ContractsCOSL Drilling has emerged as the winner for Petrobras' moored semisubmersible tender with the 4,600-ft Nanhai 8 (also known as Nan Hai Ba Hao).Noble has secured a high-dayrate drillship contract with Prime Energy in the Philippines.Drilling Activity and…

03 Mar 2024

Esgian Week 9 Report: Dolphin, Diamond and Seadrill Updates

© AndSus / Adobe Stock

Esgian reports rig-related updates from Dolphin Drilling, Diamond Offshore, and Seadrill in its Week 9 Rig Analytics Market Roundup.Report Outline:ContractsDespite Tullow Oil’s recent announcement that it would take a break from drilling offshore Ghana, Noble Corp. has stated that there has been no contract termination announcement and that its 12,000-ft drillship Noble Venturer is currently still contracted to Tullow into March 2025.Masirah Oil Ltd has signed a rig contract with…

18 Dec 2023

Aker BP Restarts Production at Alvheim Field After Unexpected Downtime

(Credit: Aker BP)

Norwegian oil company Aker BP has restored production at Alvheim field, causing an oil spill during the process of starting up the production vessel located in the central North Sea. The downtime resulted from a malfunction in new equipment installed during maintenance activities in the previous quarter, causing a deferral of approximately one month in the production from the Alvheim area, Aker BP said. The oil spill from the Alvheim production vessel on November 29 occurred in connection with starting up the field following an unplanned production shutdown, where one well was producing.

17 Dec 2023

Esgian: Rigs on the Move in Asia and Europe

Source: OMV

This week Esgian’s Week 50 Rig Analytics Market Roundup notes developments in the semisub sector including that Shell has decided to exercise its option on Stena Don in the North Sea but not on Deepsea Bollsta in Namibia. Meanwhile, a new contract for the Transocean Barents will see it operate in the Black Sea, and jackup Shelf Drilling Perseverance will move to Vietnam.ContractsShelf Drilling has secured a contract award for the 400ft Shelf Drilling Perseverance jackup rig with PetroVietnam Domestic Exploration Production Operating Company Limited (PVEP POC).

11 Dec 2023

Plans in Progress for New North Sea Wells

Source: COSL

Esgian has published its Week 49 Rig Market Roundup highlighting new drilling activity in the North Sea and a new licensing deal in Morocco.Drilling Activity and DiscoveriesSerica Energy is continuing with plans for its four-well drilling campaign in the UK North Sea, scheduled for 2024 and early 2025. The campaign will be carried out using the semisubmersible COSLInnovator. All four wells are production wells. The first well in the campaign will be a sidetrack of an existing well (B1z) on the Bittern field.

27 Nov 2023

Environmentalists Ask Court to Block Development of Three North Sea Fields

© Igor Hotinsky / Adobe Stock

Environmental groups on Tuesday will ask a Norwegian court to block the development of three North Sea oil and gas fields, citing insufficient assessment of global climate impact from future petroleum use.The lawsuit filed by Greenpeace and its partner Nature and Youth concerns the Equinor-operated Breidablikk and Aker BP's Yggdrasil and Tyrving fields, which hold combined reserves of some 875 million barrels of oil equivalent.The two NGOs in 2020 lost a case against Arctic drilling at Norway's top court…

10 Oct 2023

Unmanned Surface Vessel Set to Transform Subsea IMR & Offshore Survey Work

Credit: DeepOcean

Subsea services company DeepOcean and the Norwegian oil and gas company Aker BP have agreed to "pioneer" the use of an unmanned surface vessel (USV) for subsea inspection, maintenance, and repair (IMR) and survey work.The first USV is planned to be ready for offshore operations from 2025, when it will go on an eight-year charter agreement with DeepOcean from specialist provider USV AS."Aker BP and DeepOcean already cooperate under a frame agreement for subsea IMR and survey work, and Aker BP has contributed to the development of the USV.

04 Sep 2023

Aker BP, Höegh LNG in Carbon Transport and Storage Services Pact

Credit: Hoegh LNG

Floating LNG solutions provider Höegh LNG and the Norwegian oil and gas firm Aker BP have entered a strategic partnership to develop a "fully comprehensive carbon transport and storage offering for industrial CO2 emitters in Northern Europe.""The agreement combines the companies’ respective strengths, expertise, and technologies to establish a strong value chain for CCS on the Norwegian Continental Shelf that includes gathering, transporting and securely injecting CO2 for permanent storage in subsea reservoirs…

11 Jul 2022

Solstad, Siem, Standard Supply Score Offshore Vessel Contracts

Credit: Solstad Offshore

Norwegian offshore vessel owners Solstad Offshore, Siem Offshore, and Standard Supply have all secured offshore vessel contracts in the past few days.Solstad Offshore on Monday said it had secured a contract for the platform supply vessel Normand Swan in Australia. Solstad Offshore said the contract was for two years and with "a major energy company."The client will have additional extension options. The contract will start in September 2022. No financial details were shared.The Normand Swan is an 89-meter-long vessel built to Ulstein's PX 105 design back in 2014.

08 Jul 2022

Eidesvik Offshore Bags 3-year Deal for Platform Supply Vessel

Credit: Eidesvik Offshore

Norwegian oil and gas company Aker BP has awarded offshore shipowner Eidesvik Offshore a three-year contract for the platform supply vessel Viking Prince.The contract for the 89,6 meters long Viking Prince will begin after the completion of the vessel’s ongoing contract with Equinor. Financial details were not disclosed. The Viking Prince was built in 2012 and has a deck area of around 1 050 m². Gitte Gard Talmo, President & CEO of Eidesvik commented: “Aker BP is an important client for Eidesvik and our collaboration reaches beyond vessel contracts.

29 Jun 2022

Eidesvik Offshore Names Cotgrove as New CFO

Helga Cotgrove - Credit: Eidesvik Offshore

Norwegian offshore vessel owner Eidesvik Offshore has named Helga Cotgrove as Chief Financial Officer (CFO). Cotgrove will join Eidesvik Offshore October 1, 2022 at the latest. She has more than 20 years of energy sector finance experience in various roles within M&A, strategy, tax, finance, accounting, and auditing. She comes from the position as CFO in Norsk Solar AS. Cotgrove previously worked as Halliburton's director of corporate development in Houston, where she was in charge…

10 Jun 2022

PHOTO: Pioneering Spirit Brings Decommissioned Valhall Facilities to Stord for Recycling

Credit: Allseas

Allseas giant Pioneering Spirit offshore construction ship is back in Stord, Norway, to deliver several decommissioned platform facilities removed from the Aker BP's Valhall field complex, located in the North Sea offshore Norway. The facilities will be recycled.The Pioneering Spirit, dubbed the world’s largest vessel, arrived in Stord on June 9, with the entire production and compression (PCP) platform topsides, upper section of the original drilling platform (DP) jacket, and…

30 Jun 2022

Aker BP Charters Large PSV from Solstad Offshore

Credit: Solstad Offshore

Norwegian oil and gas company Aker BP has chartered Solstad Offshore's large platform supply vessel Normand Arctic.The platform supplier will be used to support Aker BP's activities on the Norwegian Continental Shelf.According to the shipowner, the contract is expected to start during the fourth quarter of 2022. The contract is for a period of 15 months. Financial information was not disclosed.Earlier this week, Solstad Offshore said that it expected that the Russian 'tragic'…

09 Nov 2021

Emission Reduction: Eidesvik, Aker BP, Alma to Test Ammonia Fuel Cell Tech on Offshore Vessels

Credit: Eidesvik Offshore

Eidesvik Offshore, a Norwegian offshore support vessel owner, has signed a deal with oil firm Aker BP and Alma to investigate the possibility of using Alma's fuel cell technology to accelerate the transition to zero-emission shipping.Alma is a venture under establishment by Aker Group's recently formed platform for venture capital in industrial technology Clara Venture Labs. Under the agreement, the companies will explore retrofit installation of Alma’s ammonia fuel cell technology…

28 Oct 2021

Eidesvik Offshore CEO to Retire after 16 Years in Position

Eidesvik Offshore CEO and President Jan Fredrik Meling - Credit: Eidesvik Offshore

Norwegian offshore vessel owner Eidesvik Offshore said Thursday its CEO and President Jan Fredrik Meling would as planned, retire from the position at the age of 65 effective December 31, 2021, after more than 16 years in the position.Starting January 1, 2022, the company’s CCO Gitte Gard Talmo will replace Meling who has served as President & CEO since 2005.Arne Austreid, Chairman of the Board said: “The Board deeply thanks Jan Fredrik Meling for his hard work and many contributions to Eidesvik.

08 Oct 2021

World's First: Wärtsila, Eidesvik to Equip OSV with Ammonia-fueled Combustion Engine

Credit: Wartsila

Norwegian offshore vessel owner Eidesvik and Finland-based marine equipment manufacturer Wartsila are going to convert an offshore supply vessel (OSV) to operate with an ammonia-fuelled combustion engine with the required fuel supply and safety system. "This project will be the first of its kind ever in the world and has a provisional completion target by the end of 2023," Wärtsilä said.The offshore vessel considered for a retrofit currently has Wärtsilä dual-fuel engines operating primarily with LNG fuel. The conversion will allow the vessel to operate with a 70 percent ammonia blend.

02 Sep 2021

Retrofit: Eidesvik, Aker BP Partner Up to Cut Emissions from Existing OSV Fleet by 'at least' 70%

Credit: Eidesvik Offshore

Norwegian offshore vessel owner Eidesvik and oil and gas firm Aker BP are developing a project which aims to reduce emissions from existing offshore supply vessels.The project called "Retrofit' will evaluate various solutions for converting existing supply vessels to low-emission units and with the goal of reducing emissions by "at least 70 percent."Aker BP has already, together with strategic partners Eidesvik, Solstad Offshore, and Simon Møkster Shipping, decided to install batteries on three offshore supply vessels operating on long-term contracts with the company.

19 Aug 2021

Activists Halt Oil Exports from Equinor's Norway Terminal

Sture terminal - Credit - Øyvind Hagen - Copyright: Equinor

Crude oil loading at Equinor's Sture export terminal on Norway's west coast was interrupted on Thursday after activists from the Extinction Rebellion group breached the facility's safety zone, the company said.Equinor halted the loading of the TS Bergen Aframax vessel, but other operations were not affected, a company spokesperson said.Sture is a major export facility for crude, which arrives by pipeline from several offshore fields including Equinor's Oseberg, Lundin Energy's Edvard Grieg and Aker BP's Ivar Aasen, according to Equinor's website.Activists entered the terminal's safety zone wit

11 Aug 2021

Gallery: Heerema Completes Hod B Installation

Credit. Heerema Marine Contractors

A day after the Norwegian company Aker BP on Tuesday said it had installed the HOD B platform topsides in the North Sea, off Norway, Dutch contractor Heerema Marine Contractors shared photos of the installation process.Heerema was responsible for the transportation and installation of the Hod B platform. The installation done was over two phases, with Sleipnir, Heerema's giant semi-submersible crane vessel, first installing the jacket in July and returning later to complete the…

18 Jun 2021

Aker BP Awards 100-day Contract for PSV Viking Prince

Norwegian offshore vessel owner Eidesvik Offshore has secured a charter deal for its platform supply vessel Viking Prince.The 2012-built, LNG-powered platform supply vessel will support the drilling operations of the Norwegian oil company Aker BP."The contract is awarded under the current Frame Agreement for a drilling campaign indicated for a period of approximately 100 days, with the start August 2021," Eidesvik Offshore said.AIS data from MarineTraffic.com show the Viking Prince's last destination was Aker BP's Valhall field.

09 Mar 2021

Samsung Heavy Ordered to Pay $411M to Stena Drilling in Canceled Offshore Rig Order Case

Illustration only - Credit:  Arild/AdobeStock

South Korean shipbuilding giant Samsung Heavy Industries must pay $411 million to offshore drilling contractor Stena Drilling, a London arbitration tribunal has ruled.The spat between the two companies began after Stena Drilling in 2017 terminated the order for the construction of the harsh environment semi-submersible drilling rig Stena Midmax.Stena Drilling had ordered the rig in June 2013, with the delivery expected in March 2016. Citing excessive delay, Stena Drilling on June 1, 2017, terminated the rig order.

17 Dec 2020

Solstad on a Roll: Scores Vessel Charters in India, Australia

Credit: Solstad Offshore

Just hours after announcing three contracts for its platform suppliers in the North Sea and Suriname, Norwegian offshore vessel operator Solstad Offshore released a separate statement on Thursday, announcing charters for three construction vessels.These charters are with an unnamed "large international contractor" and are for the construction support vessels Normand Navigator, Normand Frontier, and Normand Australis.The three vessels will be used for projects on the east coast of India.