Ivar Aasen

The first oil was produced on the Ivar Aasen field in the North Sea on December 24 2016. The start-up was according to plan, and the development has been completed within budget.

Ivar Aasen Offshore

 

The Ivar Aasen field is located in the northern part of the North Sea, about 175 km west of Karmøy. The water depth is about 110 metres.

The field is developed as a stand-alone platform for partial processing and water conditioning and injection, with transfer of the multiphase hydrocarbon mixture through two pipelines to the neighbouring Edvard Grieg field for final processing and export.

– Read more about the Ivar Aasen field in the Annual Report 2016

First oil from the Ivar Aasen field comes four years after the Plan for Development and Operation (PDO) was submitted.

Read more about the production start-up.

Production licences:

The Ivar Aasen development compromises resources in five fields, PL 001B, 028B, 242, 338 and 547. The licencees in the five fields signed an agreement, which establishes the ownership interest in the unitized field, in June 2014.

Discovered:

2008

Location:

Northern part of the North sea, appr. 175 km west of Karmøy

On stream:

24 December 2016

Licensees Ivar Aasen:

Aker BP ASA – 34,7862%

Statoil ASA – 41, 4730%

Bayerngas Norge – 12,3173%

Wintershall Norge – 6,4651%

VNG Norge – 3,0230%

Lundin Norway – 1,3850%

OKEA – 0,5540%


More info at Norwegianpetroleum.no



Read more about our business in Aker BP’s Annual report 2016