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Aker BP extends partnership deal with SLB and Stimwell Services

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Norway’s Aker BP has extended its cooperation with Houston-based oilfield service giant SLB and Stimwell Services to further accelerate and boost oil production from its offshore assets.

The three companies formed the Well Intervention and Stimulation Alliance in 2019, which has supported Aker BP’s operated assets since then. This latest extension will see the three continue its cooperation for another five years.

Over the next five years, the partners aim to continue delivering top-quartile performance while further developing future-proof capabilities.

This includes scaling up digital transformation through deeper integration between subsurface and operational domains, expanding the use of Aker BP’s Integrated Operations Centre for remote operations, and accelerating the deployment of new technologies.

The alliance will also play a key role in putting wells on stream across Aker BP’s field development projects. In particular, the newly upgraded stimulation vessel will be used to optimise the new Valhall PWP wells, contributing significantly to future production.

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