Aker BP has together with Equinor and LOTOS Exploration & Production Norge made a final investment decision to develop the NOAKA area, and the Plans for development and operation will be submitted to the Minister of Petroleum and Energy. NOAKA consists of the NOA, Fulla and Krafla licence groups, and the area is located between Alvheim and Oseberg. The area contains a total of around 650 million barrels of oil equivalent. Total investments are estimated at NOK 115 billion in real terms. The development concept consists of an unmanned production platform to the north developed by Equinor (Krafla UPP) and a processing platform with well area and living quarters developed by Aker BP (NOA PdQ) to the south. NOA PdQ is planned with low manning levels and is also being developed to be periodically unmanned after a few years of operation. The Frøy field will be developed with a normally unmanned wellhead platform that will be tied back to NOA PdQ. NOAKA also represents an extensive subsea development with a total of nine templates. 55 wells are planned in the area. The gas will be exported through a shared pipeline from NOA PdQ via Krafla UPP to Statpipe, while the oil will be exported through a shared pipeline from NOA PdQ to the Grane oil pipeline. Separate joint ventures have been established for the export pipelines for gas and oil with Equinor as operator. NOAKA will be developed with a shared power supply from shore, operated by Aker BP. Connection to the central grid is planned in Samnanger in Vestland County. This will contribute to very low emissions of CO2 from the area. The entire NOAKA area will be remotely operated from an integrated operations centre and control room onshore in Stavanger. NOAKA represents profitable barrels with a low environmental footprint, and the area will account for a significant share of Aker BP’s production starting from 2027.