aker in A Sentence

Engineering activity will commence in Asker(Aibel) and Stavanger(Aker Solutions).

Engineering activity will take place in Asker(Aibel) and Stavanger(Aker Solutions).

Aker Energy is the operator of DWT/CTP block, with a 50% participating interest.

Aker Energy is the operator of the DWT/CTP block with a 50% participating interest.

Aker BP and its partner in some of the NOAKA fields, state-controlled giant Equinor, are at odds about how to develop them.

Two years ago its top shareholder, Aker, set up software firm Cognite to do so because it could not find a suitable one.

The DWT/CTP block is operated by Aker Energy, with a 50% interest, and its partners are Lukoil(38%), the Ghana National Petroleum Corporation(GNPC)(10%) and Fueltrade(2%).

The production from this giant oil field will be a major contributor to Aker BP's production and earnings growth in the years to come.

Aker BP said Norway's oil safety watchdog on Wednesday approved the company's plans to switch controls at its Ivar Aasen oilfield in the North Sea.

The so-called"high-risk, high-impact" well could hold between 26 million and 1.4 billion barrels of oil equivalents, one of Equinor's partners, Aker BP, said last week.

Norwegian firm Aker BP had bought software engineer Cognite to digitize its assets, and was now selling software to rivals and sharing data, it said.

When the owners of Norwegian oil firm Aker BP decided to digitise its assets and operations, they searched high and low for the right software company.

As a result, Equinor and its partners Lundin Norway, Petoro, Aker BP and Total, are accelerating the planned schedule for production start-up, the Norwegian energy company said.

BP no longer holds direct stakes in the Norwegian fields, but owns 30 percent of Norway's Aker BP, which operates a number of producing fields and exploration licenses.

Harland and Wolff of Northern Ireland, Aker Kværner of Norway, Fincantieri of Italy, Meyer Werft of Germany, and Chantiers de l'Atlantique of France were invited to bid on the project.

Aker Arctic conducted studies for them on how to transport the gas to the market, helping to determine optimal vessel fleet, vessel size and power and also best port arrangements.

Jan Arve Haugan resigns as President & CEO of Kvaerner, and from 1 March 2018, he will start his new role as CEO of the newly established oil company Aker Energy.

Aker BP said it had postponed two wells in the Barents Sea until 2019, but would drill more wells around its recent 30-60 million boe Frosk discovery south of Alvheim field.

A number of private-equity backed firms, including Okea, and independent oil firms Aker BP and DNO, have this year said they were looking to buy more assets on the Norwegian continental shelf.

Norway's Equinor said its new projects had an average break-even price of $21 a barrel, while Aker BP said it would not invest in projects with break-even price higher than $30 a barrel.

The report also said Aker had shifted from rigid maintenance schedules to a more flexible system, while BP was using robots and drones to inspect a platform in the Gulf of Mexico.

OKEA has a tiny stake in Aker BP-operated Ivar Aasen field, and a 15 per cent interest in Repsol-operated Yme field, which is expected to start producing oil again in late 2019.

Kvaerner has entered into an agreement with Allseas for the recycling of the topside and bridge of the 36-year-old Valhall QP platform when Allseas removes this installation for operator Aker BP in 2019.

According to Petri Tolonen, Director Sales & Marketing, Aker Arctic's services are typically used from the start of Arctic projects by oil and gas companies or by mining companies considering transportation alternatives from Arctic regions.

When it hits its peak in late 2022, the field-- which also includes companies Lundin of Sweden, Aker BP of Norway, and France's Total-- is expected to produce almost double that, or 660,000 barrels per day.

Aker Energy, which is planning an Initial Public Offering to raise funds for the project, said total capital expenditure for the development is estimated to be $4.4 billion, excluding the charter rate for a leased FPSO.

Based on the Pecan South result and pre-drill estimates of Pecan South East, Aker Energy estimates that the total volumes to be included in a Plan of Development(POD) have the potential to increase to between 600- 1,000 mmboe.

Aker BP said it expected to complete the switch of controls in the second quarter of 2019, and even after that it would keep some trained people on the platform who could take controls back if needed.

Christopher Aker, Founder and CEO, Linode, added,“We built Linode to democratize cloud computing, to make it more accessible to more people and to do so at price points that make it more affordable than what's currently available to them.

While Aker Arctic's ice laboratory is normally used to test icebreaking vessels, it is also an excellent facility to develop and test the technology, sensors, algorithms and propulsion control systems being developed for autonomous vessels under harsh environmental conditions.

Showing 1 to 30 of 34 results

aker in A Sentence

Engineering activity will commence in Asker(Aibel) and Stavanger(Aker Solutions).

Engineering activity will take place in Asker(Aibel) and Stavanger(Aker Solutions).

Aker Energy is the operator of DWT/CTP block, with a 50% participating interest.

Aker Energy is the operator of the DWT/CTP block with a 50% participating interest.

Aker BP and its partner in some of the NOAKA fields, state-controlled giant Equinor, are at odds about how to develop them.

Two years ago its top shareholder, Aker, set up software firm Cognite to do so because it could not find a suitable one.

The DWT/CTP block is operated by Aker Energy, with a 50% interest, and its partners are Lukoil(38%), the Ghana National Petroleum Corporation(GNPC)(10%) and Fueltrade(2%).

The production from this giant oil field will be a major contributor to Aker BP's production and earnings growth in the years to come.

Aker BP said Norway's oil safety watchdog on Wednesday approved the company's plans to switch controls at its Ivar Aasen oilfield in the North Sea.

The so-called"high-risk, high-impact" well could hold between 26 million and 1.4 billion barrels of oil equivalents, one of Equinor's partners, Aker BP, said last week.

Norwegian firm Aker BP had bought software engineer Cognite to digitize its assets, and was now selling software to rivals and sharing data, it said.

When the owners of Norwegian oil firm Aker BP decided to digitise its assets and operations, they searched high and low for the right software company.

As a result, Equinor and its partners Lundin Norway, Petoro, Aker BP and Total, are accelerating the planned schedule for production start-up, the Norwegian energy company said.

BP no longer holds direct stakes in the Norwegian fields, but owns 30 percent of Norway's Aker BP, which operates a number of producing fields and exploration licenses.

Harland and Wolff of Northern Ireland, Aker Kværner of Norway, Fincantieri of Italy, Meyer Werft of Germany, and Chantiers de l'Atlantique of France were invited to bid on the project.

Aker Arctic conducted studies for them on how to transport the gas to the market, helping to determine optimal vessel fleet, vessel size and power and also best port arrangements.

Jan Arve Haugan resigns as President & CEO of Kvaerner, and from 1 March 2018, he will start his new role as CEO of the newly established oil company Aker Energy.

Aker BP said it had postponed two wells in the Barents Sea until 2019, but would drill more wells around its recent 30-60 million boe Frosk discovery south of Alvheim field.

A number of private-equity backed firms, including Okea, and independent oil firms Aker BP and DNO, have this year said they were looking to buy more assets on the Norwegian continental shelf.

Norway's Equinor said its new projects had an average break-even price of $21 a barrel, while Aker BP said it would not invest in projects with break-even price higher than $30 a barrel.

The report also said Aker had shifted from rigid maintenance schedules to a more flexible system, while BP was using robots and drones to inspect a platform in the Gulf of Mexico.

OKEA has a tiny stake in Aker BP-operated Ivar Aasen field, and a 15 per cent interest in Repsol-operated Yme field, which is expected to start producing oil again in late 2019.

Kvaerner has entered into an agreement with Allseas for the recycling of the topside and bridge of the 36-year-old Valhall QP platform when Allseas removes this installation for operator Aker BP in 2019.

According to Petri Tolonen, Director Sales & Marketing, Aker Arctic's services are typically used from the start of Arctic projects by oil and gas companies or by mining companies considering transportation alternatives from Arctic regions.

When it hits its peak in late 2022, the field-- which also includes companies Lundin of Sweden, Aker BP of Norway, and France's Total-- is expected to produce almost double that, or 660,000 barrels per day.

Aker Energy, which is planning an Initial Public Offering to raise funds for the project, said total capital expenditure for the development is estimated to be $4.4 billion, excluding the charter rate for a leased FPSO.

Based on the Pecan South result and pre-drill estimates of Pecan South East, Aker Energy estimates that the total volumes to be included in a Plan of Development(POD) have the potential to increase to between 600- 1,000 mmboe.

Aker BP said it expected to complete the switch of controls in the second quarter of 2019, and even after that it would keep some trained people on the platform who could take controls back if needed.

Christopher Aker, Founder and CEO, Linode, added,“We built Linode to democratize cloud computing, to make it more accessible to more people and to do so at price points that make it more affordable than what's currently available to them.

While Aker Arctic's ice laboratory is normally used to test icebreaking vessels, it is also an excellent facility to develop and test the technology, sensors, algorithms and propulsion control systems being developed for autonomous vessels under harsh environmental conditions.

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