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IS - Equinor and Aker BP sign agreement for NOAKA development - June 2020

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Equinor and Aker BP signed an agreement on commercial terms for a joint development of the companies’ resources between the Alvheim and Oseberg fields in the Norwegian North Sea, which Aker BP calls North of Alvheim and Krafla-Askja (NOAKA). The area hosts numerous discoveries estimated to contain 500 MMboe of recoverable resources. NOAKA also holds Aker BP’s 2019 Liatårnet discovery, which is estimated to contain an additional 80-200 MMboe. The two companies first rolled......
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