The NOAKA (North of Alvheim Krafla Askja) project is located south of Oseberg in the Northern North Sea. The area comprises 15 discoveries which were made between 1976 and 2016. The Statoil-operated Askja/Krafla area fields and the Aker BP-operated North of Alvheim area are expected to be developed together after an area co-operation group was created between Statoil, Aker BP and partner Grupa Lotos to evaluate a combined project. A redevelopment of the Statoil-operated Frigg field and the ...
Why buy this report?
The NOAKA project is the largest addition to our Norwegian project pipeline in five years. It is a complex development with 15 stranded oil and gas discoveries and five different partners. This report will help you navigate the diverse types of companies involved – Majors, a Norwegian independent, an integrated company and Private Equity - understand what the development concept looks like and why operators are on opposing sides, one preferring a newer, unproven method while the other wants to play it safe.
Who can benefit from this report?
Companies looking for acquisition opportunities
Companies with stranded resource in the North Sea can use the NOAKA project as a blueprint for new developments
Supply chain – this is a massive project and holds great potential for the supply chain