Aker BP has started oil production from the Symra field in the North Sea. The
project has been delivered nine months ahead of original schedule, generating
significant value and accelerating production start into 2026. The field is
estimated to contribute approximately 63 million barrels of oil equivalent to
the Eiga area.
Symra is located approximately 7 km north-east of the Ivar Aasen platform and
has been developed as the second subsea tie-back to Ivar Aasen. Production will
be partially processed at Ivar Aasen before final processing at Edvard Grieg.
The development comprises four wells tied back via a subsea template.
Modifications have been carried out on both platforms to enable tie-in of the
subsea infrastructure to Ivar Aasen and to increase processing capacity at
Edvard Grieg.
"Symra shows what's possible when strong partners work as one: safe delivery,
high quality and faster execution. It's also a step into a new part of the Eiga
area and a new reservoir type on the Norwegian shelf, creating value for
shareholders, partners and society," says Karl Johnny Hersvik, CEO of Aker BP.
The development has been carried out in close collaboration with several leading
suppliers. TechnipFMC has delivered the subsea systems. Moreld Apply has carried
out modifications on the Edvard Grieg platform, while Aibel has performed the
modifications on the Ivar Aasen platform. Drilling operations have been
undertaken by Odfjell Drilling and Halliburton through Aker BP's drilling and
wells alliance. Together, these suppliers have contributed to the safe,
efficient and high-quality execution of the project.
Symra is the sixth Aker BP-operated project sanctioned in 2022 to come on
stream.
Aker BP is the operator of Symra (PL167/167B/167C) with partners Equinor (30
percent) and DNO Norge (20 percent).
Contacts:
Ole-Johan Faret, Press Spokesperson, tel.: +47 402 24 217
Kjetil Bakken, Head of Investor Relations, tel.: +47 918 89 889
About Aker BP:
Aker BP is a leading exploration and production company focused on oil and gas
operations on the Norwegian continental shelf. The company operates the Alvheim,
Eiga (Edvard Grieg and Ivar Aasen), Skarv, Ula, and Valhall field centres and is
a key partner in the Johan Sverdrup field. Headquartered in Fornebu, Norway,
Aker BP is listed on the Oslo Børs under the ticker AKRBP. For more information,
visit www.akerbp.com/en.