![NOD Approves Start-Up for Aker BP’s Hanz Project](/sites/default/files/styles/hart_news_article_image_640/public/image/2024/02/nod-approves-start-aker-bps-hanz-project.jpeg?itok=ecE79lEk)
Hanz will be tied into the Ivar Aasen platform. (Source: Aker BP)
Aker BP received a go-ahead to start-up production at its Hanz accumulation as a subsea tieback to the Ivar Aasen Field in the North Sea, the Norwegian Offshore Directorate (NOD) announced Feb. 27.
Hanz was proven in 1997 and is included in the 2013 plan for development and operation for the Ivar Aasen Field.
The project in 380 ft water depth is reusing the subsea installations on the Jette Field, which was shut down in 2016.
In a press release, NOD’s Tomas Mørch, assistant director of license management, called the use of existing infrastructure and an alternative method for pressure support a good use of resources.
Development costs for Hanz were about $400 million, and the project targets recovering about 20 MMboe.
Aker BP expects to begin production during the first quarter of 2024.
Aker BP operates PL028 B with 35% interest on behalf of partners Equinor with 50% and Sval Energi with 15%.
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