Fossil energy – North Sea
Operator Aker BP has affirmed the investment decision for development of the Hanz discovery in the North Sea.
The project has matured a solution involving reuse of existing infrastructure, which both strengthens project economics and minimises the environmental footprint.
Hanz is an oil and gas discovery that will be tied into the Ivar Aasen platform about twelve kilometres further south.
Total investments are estimated at NOK 3.3 billion. Expected start-up is in the first half of 2024. Total reserves are around 20 million barrels of oil equivalent (mmboe).
