Norwegian Aker BP to drill 12-15 wells in Arctic Barents Sea, says CEO
Aker BP plans to drill up to 15 exploration wells next year, including in the Arctic Barents Sea, Aker BP chief executive Karl Johnny Hersvik said Monday.
“Our plan is to drill between 12 and 15 wells and I guess we will have the same level in the future,” he told Reuters on the sidelines of an energy conference.
Aker BP also plans to drill at least one well and possibly closer to the Wisting Arctic discovery, following the company’s acquisition of the oil business of Sweden’s Lundin Energy.
Hersvik had previously said Aker BP no longer planned to drill in the Barents Sea due to poor exploration results before, but now said the company was reassessing its position given the information from Lundin.
Globallyhe expected ohhe firms to drill about 50 exploration wells on the Norwegian continental shelf Next year and expects overall exploration offshore Norway to be flat over the next two years compared to 2022.
Hersvik also said that the ongoing energy crisis in Europe due to the reduction of Russian gas supplies as part of Moscow’s invasion of Ukraine will accelerate the energy transition, but that
Still, he added that Russian gas exports to Europe could resume if relations were normalized between Moscow and the West.
“Russian gas will come back if the relationship is normalized,” he said.
(Reuters – Reporting by Nerijus Adomaitis, editing by Marek Strzelecki and Gwladys Fouche)