Aker BP invests in Fishbones
19 December 2017
Aker BP has invested in and acquired a stake in Fishbones. The Norwegian E&P company sees potential for substantial cost savings and increased recovery by using Fishbones Stimulation Technology. They will initially apply the technology in the Valhall field.
“Investing in Fishbones enables us to influence, adapt and fully develop the technology to increase recovery on the Norwegian Continental Shelf and beyond while also developing solutions that are fit for the Aker BP fields. We have already started developing a specialized solution to handle this soft and fine-grained reservoir in the Valhall chalk field,” comments Ole Johan Molvig, SVP Reservoir in a press release dated 18th of December 2017.
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