Aker
BP’s board of directors have decided that Aker BP will vote for the
approval of the NOAKA field development project, the Valhall PWP-Fenris
project, the Skarv Satellite project and the Utsira High projects. Aker BP is
the operator of these development projects, which are predominantly planned to
be executed together with Aker BP’s alliance partners.
The
final decisions to submit the Plan for Development and Operation (PDO) to
Norwegian authorities are scheduled to take place in the respective license
partnerships during the first half of December. If the PDOs are approved by the
respective license partnerships the plan is to submit the PDOs to the
authorities before year-end.
Aker Solutions
has through the Aker BP alliance models executed the Front-End Engineering and
Design (FEED) work for these projects over the last year, under a single source
supplier setting. Aker Solutions expects that the abovementioned projects
combined could lead to contract awards worth around NOK 45 billion of order
intake in December 2022, subject to the PDO submission in mid-December 2022.