FILE PHOTO: A general view of the Equinor's Johan Sverdrup oilfield platforms in the North Sea, Norway December 3, 2019. REUTERS/Ints Kalnins/File Photo

Aker BP Announces Major Oil Discovery in the North Sea

Aker BP and its partners have announced a significant oil discovery in the North Sea, strengthening Norway’s position as a key player in global energy.

The announcement came on Thursday following the completion of the Omega Alfa exploration campaign.

According to Aker BP, the discovery is estimated to hold between 96 million and 134 million barrels of recoverable oil equivalent.

This new resource will be integrated into the Yggdrasil field area, one of the company’s strategic development zones in the North Sea.

Aker BP’s Chief Executive Officer, Karl Johnny Hersvik, described Omega Alfa as one of the largest commercial discoveries in Norway in the past decade.

He emphasized that the company and its partners are committed to unlocking further resources in the region.

The find is expected to enhance both production capacity and long-term energy security for Norway and its partners.

Industry observers note that this discovery could provide a boost to Norway’s economy while reinforcing its role as a reliable energy supplier.

The Omega Alfa campaign marks a milestone in Aker BP’s exploration strategy and sets the stage for future investment in the North Sea.