Hod B platform safely installed on the field

The Fixed facilities alliance, including Aker BP, Aker Solutions and ABB, has delivered yet another platform on time, with a high level of quality and with no harm to people or the environment. The topside was installed just one year and two months after the first steel cut. 

The 2000-tonne topsides were placed on the jacket on the Hod field in the southern part of the North Sea on Sunday 8 August. 

“Through projects like Hod, we are creating value both for the company, partners, alliance partners, owners and the Norwegian society at large. We are also helping to sustain a world-leading supplier industry. I am especially proud of the fact that, through the Hod project, Aker BP has contributed to the vocational training of 50 apprentices. These apprentices, and the industry in general, have expertise that will be essential in the years to come. Several of the apprentices are already headed for renewable projects in Aker Solutions, such as the delivery of suction anchors and seabed installations for Hywind Tampen. This is the green energy transition in practice,” says Aker BP CEO Karl Johnny Hersvik.

Important for the future of Valhall

Hod B will be remotely operated from Valhall, and the field will have extremely low CO2 emissions thanks to power from shore. Aker BP and partner Pandion expects Hod to produce 40 million barrels of oil equivalent.

“We look forward to bringing Hod on stream in the first quarter of next year. Aker BP will continue to increase value creation from the Valhall giant through new projects and a major ongoing modernisation of the area. Hod is an important contribution towards achieving the Valhall ambition of a total of two billion produced barrels from the area,” says Valhall Asset Manager Ole Johan Molvig.

Read the full story at Aker BP's web site

Contacts:
Kjetil Bakken, VP Investor Relations, tel.: +47 918 89 889
Ole-Johan Faret, Press Spokesperson, tel.: +47 402 24 217

About Aker BP:
Aker BP is an independent E&P company with exploration, development and production activities on the Norwegian Continental Shelf. Aker BP is the operator of Alvheim, Ivar Aasen, Skarv, Valhall, Hod, Ula and Tambar. The company is also a partner in the Johan Sverdrup field. Aker BP is headquartered at Fornebu, Norway, and is listed on the Oslo Stock Exchange under the ticker ‘AKRBP’. More about Aker BP at www.akerbp.com.