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Norway: Aker BP submits record number of field development plans

Aker BP and its partners are submitting a total of ten PDOs (plans for development and operation) and one plan for installation and operation (PIO) to the Ministry of Petroleum and Energy (MPE). With total investments of more than NOK 200 billion in real terms, these Aker BP-operated oil and gas projects represent one of the largest private industrial developments in Europe.

Plans unveiled for investments of $20 4 billion in ten oil & gas projects

Major investments on the Norwegian shelf: Aker BP submits record number of field development plans

Aker BP invests over $20 billion on Norwegian shelf field development plans

Along with several measures to increase efficiency and recovery, these development projects will enable Aker BP's oil and gas production to grow from around 400,000bpd in 2022 to around 525,000bbl in 2028.

Aker BP ASA s (DETNF) CEO Karl Hersvik on Q2 2022 Results - Earnings Call Transcript

Aker BP ASA s (DETNF) CEO Karl Hersvik on Q2 2022 Results - Earnings Call Transcript
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