Alve NE is a conventional oil development located in deepwater in Norway and is operated by Aker BP. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Alve NE was discovered in 2020, lies in block 6607/12P (PL 127 C) and 6607/12P (PL 127 DS), with water depth of around 1,187 feet. Buy the profile here.

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Field participation details

The field is owned by Aker BP and Orlen.

Production from Alve NE

Based on economic assumptions, the production will continue until the field reaches its economic limit in 2038.

About Aker BP

Aker BP ASA (Aker BP) carries out the exploration, field development, and production of oil and gas. The company's operating field includes Alvheim, Ivar Aasen, Skarv, Edvard Grieg, Ula, and Valhall. It also holds a partnership in the Johan Sverdrup field. Aker BP serves the production of energy and raw materials for various products. The company's products and services are utilized across various industries that require energy and raw materials. It works in alliances with strategic partners. Aker BP is headquartered in Fornebu, Oslo, Norway.

For more details on the Alve NE Conventional Oil Field, buy the profile here.

This content was updated on 14 May 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.