Valhall is a producing conventional oil field located in shallow water in Norway and is operated by Aker BP. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 2/8P (PL 006 B) and 2/11P (PL 033 B), with water depth of 242 feet. Buy the profile here.
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Three expansion projects are associated with the Valhall conventional oil field, namely the Valhall IP Drilling Program, the Valhall PWP and the Valhall Extended Production. The expansion projects are currently in the commissioning, construction and feasibility stage.
Field participation details
The field is owned by Aker BP and Pandion Energy.
Production from Valhall
The Valhall conventional oil field recovered 83.91% of its total recoverable reserves, with peak production in 1999. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058. The field currently accounts for approximately 1% of the country’s daily output.
Contractors involved in the Valhall conventional oil field
Some of the key contractors involved in the Valhall project as follows.
Design/FEED Engineering: Aker Solutions, ABB and Techouse
Main EPC: Aker Solutions
EPC Contractors: J.J. Ugland Companies, Worley and Global Energy (Holdings)
Other Contractors: Aker Solutions, A.P. Moller - Maersk, CHC Group, Archer and ABL Group
About Aker BP
Aker BP ASA (Aker BP) carries out the exploration, field development, and production of oil and gas. The company's operating field includes Alvheim, Ivar Aasen, Skarv, Edvard Grieg, Ula, and Valhall. It also holds a partnership in the Johan Sverdrup field. Aker BP serves the production of energy and raw materials for various products. The company's products and services are utilized across various industries that require energy and raw materials. It works in alliances with strategic partners. Aker BP is headquartered in Fornebu, Oslo, Norway.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
