Aker BP unveils $700m investment plan for North Sea tie-back project
The development will involve the tieback of three wells to existing infrastructure and two new subsea installations.

The development will involve the tieback of three wells to existing infrastructure and two new subsea installations.
Suncor Energy Norge also owns eight additional licences in the NCS.
The Nova field has estimated recoverable gross reserves of 90 million barrels of oil equivalent.
The Norwegian petroleum refiner has increased its buy-back programme to up to $6bn for 2022.
The company will provide engineering, studies and technical services for Neptune Energy’s operations in Norway.
The Frosk field is planned to be tied back to the Alvheim FPSO via the existing Bøyla and Alvheim infrastructure.
Lundin Energy Norway will operate as Aker BP’s fully owned subsidiary and will be renamed ABP Norway AS.
The agreement is expected to bring gas deliveries of approximately 100TWh to the European market this year.
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