Aker BP starts production from Skarv Satellite fields
Aker BP starts production from Skarv Satellite fields Aug 26 (Reuters) - Norway's Aker BP AKRBP.OL said on Wednesday it had started oil and gas production from its Skarv Satellite Project, which comprises the Alve Nord, Idun Nord and Oern fields in the Norwegian Sea.
The reserves were "predominantly gas", the company said in 2023
The developments represent around 120 million barrels of oil equivalent of recoverable resources, the company said.
"The start-up of the Skarv Satellites is an important milestone for Aker BP. Through a single integrated project, we have brought three new fields on stream, one year ahead of the original schedule," CEO of Aker BP Karl Johnny Hersvik said.
With the start-up of the Skarv Satellite Project, Aker BP has delivered the entire portfolio of subsea tie-back projects sanctioned in 2022.
(Reporting by Elviira Luoma, editing by Terje Solsvik)
((elviira.luoma@thomsonreuters.com; +48 58 769 66 46;))