The framework contract has a duration of four years, with an option for 2+2 years.
The contract includes WesternGeco marine acquisition of 4D seismic data over the Aker BP-operated fields Alvheim, Bøyla, Skarv/Snadd and Ula in 2017. This part of the agreement, which has the support of the partners on the four fields, has an independent market value of around USD 30 million.
“With this framework contract, Aker BP is fortifying our position as an operator with significant ambitions for growth and value creation on the Norwegian Shelf,” says SVP Reservoir, Ole-Johan Molvig.
This year’s extensive seismic acquisition effort starts in May, and will be carried out by the WG Amundsen seismic vessel.