Aker BP award contracts to alliance partners

Aker BP has awarded contracts to alliance partners for front-end engineering and design (FEED) valued at approximately 440 million kroner. The contracts cover a new central platform on Valhall, as well as a new platform and tie-in of the King Lear field. The joint development will contribute to extended lifetime and increased value creation from Valhall.

“This is an important milestone in the further development of the Valhall area. Through this development, Aker BP can maximise value creation from an existing field. Moreover, it will contribute to significant value creation for Aker BP, its partners, owners and the Norwegian society,” says SVP Operations & Asset Development Ine Dolve.

Low emissions through power from shore

The concept consists of a new process and wellhead platform (NCP) which has a bridge connection to the Valhall field centre, and an unmanned platform on King Lear around 50 km from the field centre. New infrastructure will be laid on the seabed to connect the two fields. A total of 19 wells are planned, and the concept also includes considerable modification work on the Valhall field centre.​

An alliance project

Pandion Energy is Aker BP’s partner in the Valhall licence. PGNiG is the partner in King Lear, which was discovered in 1988. The partnerships have decided to proceed with the selected concept for NCP and King Lear. Further maturing will now follow through the FEED phase, until a final investment decision and submission of plan for development and operation is planned in late 2022.​

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