Aker’s land-based 'offshore' plan

Norway’s Aker Maritime and the German energy company RWE-DEA have proposed Norway’s first offshore petroleum wells in which production is controlled from land instead of a platform at sea. The partners have applied for a license in the North Sea’s Måløy block, which is 85 km off the coast. RWA-DEA’s managing director, Hugo Sandal, said subsea wells connected by pipeline to a production facility ashore would be safer and more cost-effective than a conventional platform solution. "We really hope we are awarded this block, before this new model needs to be tested out," he said. Under the proposal being considered by the Petroleum and Energy Ministry, RWE-DEA would operate the field and own 51 percent of the license. Aker Maritime’s ownership stake – its first ever – would be 49 percent.