Talar Arif, Director of the Ula area said:
- this is a good example of the excellent cooperation between the license partners in the Ula area: we have a common goal of finding solutions that maximize value creation both in the operational and decommissioning phases;
- by transferring the operatorship to Aker BP, Oda will become an integrated part of the optimization of late-phase operations, as well as the planning and execution of the decommissioning and removal of infrastructure in the Ula area;
- this will provide both technical and economic synergies in the operational and decommissioning phases.
The development concept is a subsea template with two production wells and one injection well tied to Ula.
Production from Oda started in 2019.
Partners in Oda are Sval Energi (70%), DNO Norge (15%), and Aker BP (15%).
The ownership shares in the Oda license 405 are not affected by the transfer of operatorship to Aker BP.
The company operates the field centres Valhall, Ula, Edvard Grieg/Ivar Aasen, Alvheim and Skarv, and is a partner in the Johan Sverdrup field.




