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Business oil production

Aker BP Starts Solveig Phase 2 Oil Production

Analysis based on 11 articles · First reported Feb 02, 2026 · Last updated Feb 03, 2026

Sentiment
60
Attention
4
Articles
11
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard

The successful start of oil production from Solveig Phase 2 by Aker BP, on schedule and within budget, is a positive development for the oil and gas sector. It demonstrates efficient project execution and adds significant recoverable resources, which is favorable for Aker BP and its partners OMV===OMV Norge and Harbour Energy.

Oil and gas Energy

Aker BP has commenced oil production from its Solveig Phase 2 development in the Norwegian North Sea. The project, delivered on schedule and within budget, adds approximately 39 million barrels of oil equivalent in recoverable resources to the Solveig field. This subsea development, located 15 kilometers south of the Edvard Grieg platform, is tied back through existing infrastructure and comprises three wells. It aims to extend plateau production from the Solveig field and efficiently utilize capacity on the Edvard Grieg platform. Key suppliers, including TechnipFMC for subsea systems, Moreld Apply for platform modifications, and Odfjell Drilling and Halliburton for drilling operations, collaborated with Aker BP on this project. Aker BP operates Solveig and Edvard Grieg with a 65% working interest, alongside partners OMV===OMV Norge AS (20%) and Harbour Energy Norge AS (15%). This marks the fifth Aker BP-operated project sanctioned in 2022 to come on stream.

100 Aker BP started oil production from Solveig Phase 2 development
60 TechnipFMC delivered subsea systems Aker BP
60 Odfjell Drilling undertook drilling operations Aker BP
60 Halliburton undertook drilling operations Aker BP
50 Moreld Apply performed modifications on Edvard Grieg platform Aker BP
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Aker BP has successfully started oil production from its Solveig Phase 2 development, delivered on schedule and within budget. This project adds approximately 39 million barrels of oil equivalent in recoverable resources, extending plateau production from the Solveig field and creating value for its shareholders and partners.
Importance 100 Sentiment 70
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TechnipFMC delivered the subsea systems for the Solveig Phase 2 development, contributing to the project's successful and timely completion.
Importance 60 Sentiment 30
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Odfjell Drilling undertook drilling operations for the Solveig Phase 2 development through its alliance with Aker BP, contributing to the project's efficient execution.
Importance 60 Sentiment 30
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Halliburton performed drilling operations for the Solveig Phase 2 development as part of Aker BP's drilling and wells alliance, ensuring the project's high-quality execution.
Importance 60 Sentiment 30
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Moreld Apply performed modifications on the Edvard Grieg platform, which was crucial for receiving production from the Solveig Phase 2 development.
Importance 50 Sentiment 30
subs
OMV===OMV Norge AS is a partner in both the Solveig (PL359) and Edvard Grieg (PL338) licenses, holding a 20% working interest, benefiting from the successful production start.
Importance 40 Sentiment 20
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Harbour Energy Norge AS is a partner in both the Solveig (PL359) and Edvard Grieg (PL338) licenses, holding a 15% working interest, benefiting from the successful production start.
Importance 40 Sentiment 20
+ 3 more entities View on Dashboard
Aker BP related OMV===OMV Norge
Aker BP related Harbour Energy
Aker BP related TechnipFMC
Aker BP related Moreld Apply
Aker BP related Halliburton
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