### Aker BP Achieves Milestone with First Oil at Tyrving Offshore Norway
On September 3, 2024, Aker BP made a significant announcement with the beginning of oil production from the Tyrving field, situated in the Alvheim area offshore Norway. This development marks a crucial step for the company, leveraging the extended lifetime of the Alvheim field to enhance production while significantly reducing both unit costs and CO₂ emissions per barrel.
#### Key Developments
The Tyrving development consists of three wells and two new subsea installations (manifolds), expertly tied back to existing infrastructure at East Kameleon and further connected to the Alvheim Floating Production, Storage, and Offloading (FPSO) unit. This strategic integration allows for efficient oil offloading to shuttle tankers, maximizing operational efficiency.
#### Operational Highlights
Aker BP is the leading operator at Tyrving with a stake of 61.3%, joined by Petoro AS with 26.84% and PGNiG Upstream Norway AS with 11.9%. The Tyrving field is estimated to hold recoverable resources of approximately 25 million barrels of oil equivalent (MMboe). Notably, this development operates with exceptionally low emissions, achieving an estimate of just 0.3 kg of CO₂ per barrel.
#### Strategic Alignment
This milestone aligns with Aker BP’s strategic focus on enhancing local production capacity and reducing environmental impact. By leveraging existing infrastructure, the company has successfully optimized both economic and environmental performance in the Tyrving development. This approach underscores Aker BP’s commitment to sustainable and efficient oil production practices.
#### Conclusion
The start of oil production from the Tyrving field signifies a significant achievement for Aker BP, reflecting the company’s dedication to future growth and environmental responsibility in the oil and gas industry. As it continues to innovate and optimize its operations, Aker BP remains at the forefront of sustainable energy production.
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