The developments represent approximately 120 million barrels of oil equivalent of recoverable resources and support further value creation by increasing flexibility and extending the life of the infrastructure around Skarv.
Alve Nord, Idun Nord, and Ørn are located near the Skarv field in the northern part of the Norwegian Sea. They have been developed as three separate subsea developments, coordinated through the Skarv Satellite Project (SSP). Each development consists of a subsea template and two wells tied back to the Skarv FPSO. Together, the developments strengthen Skarv as a production area and support further resource development in the area. The developments have a low CO2 intensity of approximately 4.5 kilograms of CO2 per barrel of oil equivalent as a result of effective utilization of existing infrastructure.
“The start-up of the Skarv Satellites is an important milestone for Aker BP. Through a single integrated project, we have brought three new fields on stream, one year ahead of the original schedule. This demonstrates what we can achieve through close collaboration between our employees, alliance partners and suppliers. I would like to thank everyone who has contributed. The Skarv Satellites strengthen one of our most important production areas and will generate significant value for many years to come,” says Karl Johnny Hersvik, CEO of Aker BP. “With the start-up of SSP, we have now delivered the entire portfolio of subsea tie-back projects sanctioned in 2022. The projects have been delivered safely, with high quality and strong cost control, and on or ahead of schedule. This is an achievement that the entire organization and our partners can be proud of,” said Hersvik.
The project has been executed using Aker BP’s alliance model, in close cooperation with suppliers. Together with alliance partners OneSubsea, Subsea7, Aker Solutions, and Halliburton, as well as Saipem during the drilling phase, the project has been delivered safely and efficiently, while maintaining high quality. Shared infrastructure and coordinated project execution have enabled efficient resource utilization across the three developments. Approximately 60 percent of the project deliveries have been sourced from Norwegian suppliers, and the project has contributed to significant regional economic activity.
Production from the Skarv Satellites is expected to account for a significant share of Aker BP’s production in the Skarv area for several years. The project also strengthens the foundation for further development and resource utilization in the area.
