AKER BP – DEVELOPMENT FOR SKARV SATELLITE PROJECT APPROVED

The Norwegian Ministry of Petroleum and Energy (MPE) has approved the three Plans for development and operation (PDO) under the Skarv Satellite Project (SSP) in the Norwegian Sea. The operator Aker BP and licence partners PGNiG, Wintershall Dea and Equinor submitted the PDOs to the Ministry in December last year.
The development projects, coordinated by the Skarv Satellite Project (SSP), consist of the gas and condensate discoveries Alve Nord (Aker BP, Wintershall DEA and PGNiG), Idun Nord (Aker BP, Equinor and Wintershall DEA) and ├śrn (Aker BP, Equinor and PGNiG).
Each of the developments comprises of a 4-slot template and two wells, subsea tied back to the Skarv FPSO, located in the northern part of the Norwegian Sea. The total recoverable resources to be unlocked by the project is estimated to approximately 120 million barrels of oil equivalent (mmboe), predominantly gas.
Production start is planned for the third quarter 2027.
(Source and image: Aker BP)