Aker-BP-Eyes-Offshore-Wind-Oil-Gas-Combo-in-Norway

Aker BP Eyes Offshore Wind-Oil & Gas Combo in Norway

Business & Finance

Aker BP is planning to explore the opportunity of using offshore wind energy at new oil & gas development areas offshore Norway.

Equinor (Illustration)

Aker BP and Equinor recently entered into an agreement in principle on commercial terms for the coordinated development of the licenses Krafla, Fulla, and North of Alvheim (NOAKA) on the Norwegian Continental Shelf.

The partners stated they plan to develop the project with a minimal carbon footprint and state-of-the-art technological solutions will be used to ensure high efficiency and low emissions.

The field, located between Oseberg and Alvheim, will be powered from shore and combining it with offshore wind could potentially enable power to be exported back to shore in the future, Aker BP said.

According to the company, preparations have started for submitting Plans for Development and Operation (PDO) in 2022.