Aker BP’s board approves field development projects
Aker BP’s board has approved that the operator Aker BP will vote in favour of submitting Plans for Development and Operation (PDO) for the NOAKA field development project, the Valhall PWP-Fenris project, the Skarv Satellite Project and the Utsira High projects. The final approvals to submit the PDOs are expected to take place in the respective licences during the first half of December, after which the PDOs will be submitted to Norwegian authorities. Net to Aker BP, the oil and gas resources in the projects are estimated to approximately 730 million barrels of oil equivalent, in line