**Oslo**: Aker BP and its partners are set to enhance digital transformation and operational efficiency within the oil and gas sector over the next five years, prioritising strategic partnerships and innovative technologies to ensure sustainable and profitable operations in a rapidly evolving industry.
Over the next five years, Aker BP and its partners are set to amplify their focus on developing future-proof capabilities within the oil and gas sector. The strategic initiative includes enhancing digital transformation through a more profound integration of subsurface and operational domains, while also expanding the utilisation of Aker BP’s integrated operations centre, which facilitates remote operations. The partnership also aims to expedite the implementation of innovative technologies to advance their operational efficiency.
The move comes as Aker BP has reported notable success with its current well intervention processes, which are now managed through digital workflows. This transition has reportedly led to heightened productivity levels, reduced risk, and improved success rates in operations. Aker BP’s chief executive, Karl Johnny Hersvik, emphasised the importance of strategic partnerships in shaping the industry’s future, stating, “Strategic partnerships are essential to shaping the future of our industry.” He further underscored the company’s commitment to the alliance model, which aims to generate value through long-term collaboration that enhances productivity, maintains high performance standards, and ensures oil and gas are produced with lower costs and emissions.
The alliance has already achieved several significant milestones, including simultaneous operations with jack-up rigs, a diminished backlog of locked-in oil barrels, and the world’s first autonomous intervention operation. SLB’s chief executive, Olivier Le Peuch, highlighted the alliance’s role in addressing the industry’s priorities, stating, “Increasing production and recovery from maturing assets is a top priority across the industry, and this alliance demonstrates how we can drive progress together through the power of partnership.”
Aker BP operates multiple field centres including Valhall, Ula, Edvard Grieg, Ivar Aasen, Alvheim, and Skarv, and holds a 32% licence share in the Johan Sverdrup field, which is noted as Norway’s largest production asset. The managing director of StimWell Services, Sami Haidar, commented on the critical role of stimulation in maximising recovery from tight reservoirs such as Valhall. He noted the collaborative efforts over the past five years have resulted in the successful development of challenging areas within the field through innovative technology, which has markedly reduced execution times and the carbon dioxide footprint, thus improving economic viability.
Overall, the alliance exemplifies how collaborative strategies can foster innovation and progress within the complexities of the oil and gas industry, aligning with broader trends towards sustainability and operational efficiency.
Source: Noah Wire Services
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