The project is currently in construction stage and is expected to start commercial production in 2027. Final investment decision (FID) of the project was approved in 2022. The Munin conventional oil development will includes fixed platform.

Field participation details

The field is owned by Aker BP and Equinor.

Production from Munin

Production from the Munin conventional oil development project is expected to begin in 2027 and is forecast to peak in 2029, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2055.

Contractors involved in the Munin conventional oil field

Some of the key contractors involved in the Munin project as follows.

Design/FEED Engineering: Subsea 7, Aibel and Hitachi

Main EPC: Aker Solutions

EPC Contractors: Heerema International Group Services, BLRT Grupp, Heerema Vlissingen and Linjepartner

Other Contractors: Aker Solutions, Allseas Group, Enersense International, ABL Group and Heerema Vlissingen

About Aker BP

Aker BP ASA (Aker BP) is an independent oil and gas exploration and production company. Its exploration, development and production activities on the Norwegian Continental Shelf (NCS). The company has a balanced portfolio of assets across the upstream value chain. Aker BP operates producing assets include Alvheim, Ivar Aasen, Skarv, Ula and Valhall among others. It also includes in producing assets such as Atla, Enoch and Gina Krog. The company is also a partner in a major developing project, Johan Sverdrup and has interest in additional exploration licenses. It has operations in Harstad, Sandnessjoen, Stavanger and Trondheim. Aker BP is headquartered in Lysaker, Norway.

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

This content was updated on 21 July 2023

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