Transfer of Krafla operatorship from Equinor to Aker BP agreed
Equinor and Aker BP have signed a memorandum of understanding (MoU) for transfer of the Krafla operatorship from Equinor to Aker BP, making Aker BP the operator of all discoveries in the NOAKA area – Krafla, Fulla and North of Alvheim.
Equinor and Aker BP are operators of one field development project each in the area and have agreed that one operator will be the best solution for further development of the area.
Equinor is presently the operator of Krafla in the north and Aker BP is the operator of NOA Fulla in the south. One operator will have a good basis for efficient project execution and for safe and efficient operation of the fields, creating stronger synergies between the two developments and fewer interfaces.
“The current agreement is the result of an excellent collaboration during the past years, built on mutual trust and a common ambition of achieving lasting improvements and efficient operation on the Norwegian continental shelf (NCS). The best solution for the future is that Aker BP takes over the operatorship for project execution and operation of Krafla, based on the concept developed by Equinor,” says Geir Tungesvik, Equinor’s executive vice president for Projects, Drilling & Procurement.
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