Aker BP has commenced production from the Skarv Satellite project comprising the Alve Nord, Idun Nord, and Orn fields in the Norwegian Sea, a full year ahead of schedule, the company said on Wednesday.
Delivered safely and within strict cost controls, the development unlocks about 120 million barrels of oil equivalent in recoverable resources, it stated.
Each field utilizes a dedicated subsea template and two wells tied back to the Skarv FPSO, leveraging existing infrastructure to achieve a low emissions intensity, the company noted.
Executed through Aker BP's collaborative alliance model with key partners like OneSubsea, Subsea7, Aker Solutions, and Halliburton, the project marks the final delivery of the company's 2022 subsea tie-back portfolio, it added.
Aker BP is jointly owned by BP (BP) and Norway-based Aker.