Aker BP Submits Field Development Plans, Highlights Lower Investments
15 Dezembro 2017 - 09:10AM
Dow Jones News
By Dominic Chopping
Aker BP ASA (AKERBP.OS) said Friday that it has submitted
development plans for three oil fields, at which investments are
now seen below earlier estimates.
The joint-venture company formed by Norway's Aker ASA (AKER.OS)
and BP PLC (BP) said the plans for development and operation cover
the Valhall Flank West, Aerfugl and Skogul fields.
Total investments for the Aerfugl development are now estimated
at 8.5 billion Norwegian kroner ($1 billion), a reduction of
approximately NOK2 billion compared to previous estimates, while
recoverable reserves have increased substantially, it said.
For the Valhall Flank West development, total investments are
now estimated at NOK5.5 billion, which represents a reduction of
more than NOK1.5 billion compared to previous estimates.
The smaller Skogul project is estimated to cost NOK1.5 billion,
it said.
Over the lifetime of the fields, the three projects are
estimated to generate total oil-and-gas revenues of NOK100 billion,
based on an oil price of $60 a barrel. Net of investments and
operating costs, this will result in a total value creation of
NOK70 billion, of which the Norwegian state will collect NOK52
billion in taxes.
Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter:
@domchopping @WSJNordics
(END) Dow Jones Newswires
December 15, 2017 05:55 ET (10:55 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Bp (LSE:BP.)
Gráfico Histórico do Ativo
De Fev 2024 até Mar 2024
Bp (LSE:BP.)
Gráfico Histórico do Ativo
De Mar 2023 até Mar 2024