Yggdrasil Oil and Gas Project (Norway)
From Global Energy Monitor
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Yggdrasil Oil and Gas Project is an in-development oil and gas project in Norway.
The project consists of the following units:
Yggdrasil Oil and Gas Project is also sometimes referred to as NOAKA, Krafla/Askja.
Project Details
Main Data
Table 1: Project-level project details for Yggdrasil Oil and Gas Project
| Unit name | Status | Operator | Owner | Discovery year | FID1 year | Production start year | Production type |
|---|---|---|---|---|---|---|---|
| Yggdrasil | in-development[1][2] | Aker BP[3][4] | Aker BP ASA [21%]; ORLEN Upstream Norway AS; Equinor ASA[4][4][4] | – | 2022[4] | – | conventional[4] |
Production and Reserves
Table 2: Reserves of Yggdrasil Oil and Gas Project
| Fuel description | Reserves classification | Quantity | Units | Data year | Source |
|---|---|---|---|---|---|
| hydrocarbons | reserves | 650.0 | million boe | 2023 | [5] |
| hydrocarbons | reserves | 700.0 | million boe | 2025 | [6] |
Table 3: Production from Yggdrasil Oil and Gas Project
| Category | Fuel description | Quantity | Units | Data year | Source |
|---|---|---|---|---|---|
| production design capacity | oil | 29.2 | million bbl/y | 2027 | [7][8] |
Location
Table 4: Project-level location details for Yggdrasil Oil and Gas Project
| Location | Onshore/Offshore | Coordinates (WGS 84) |
|---|---|---|
| offshore, Norway[4] | offshore[4] | 60.0, 2.4 (approximate)[4] |
The map below shows the approximate location of the project:
Articles and Resources
Additional Data
To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.
References
- ↑ https://www.reuters.com/sustainability/climate-energy/norway-government-loses-appeal-case-over-oilfield-developments-2025-11-14/.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.upstreamonline.com/exploration/norwegian-operators-new-techniques-boost-exploration-hopes/2-1-1889704.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.reuters.com/business/energy/aker-bp-makes-significant-north-sea-oil-find-2025-08-21/.
{{cite web}}: Missing or empty|title=(help) - ↑ 4.0 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 https://web.archive.org/web/20230630063917/https://www.akerbp.com/en/project/noaka-2/. Archived from the original on 30 June 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ (PDF) https://web.archive.org/web/20240125234633/https://www.greenpeace.org/static/planet4-sweden-stateless/2024/01/daf4fe59-oslo-tingretts-dom-og-kjennelse-18.01.2024-deepl-en.pdf. Archived from the original (PDF) on 25 January 2024.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.spglobal.com/commodity-insights/en/news-research/latest-news/crude-oil/082125-norways-aker-bp-finds-additional-oil-at-north-sea-yggdrasil-project.
{{cite web}}: Missing or empty|title=(help) - ↑ https://publications.opec.org/woo/FileDownload/129/woo/210.
{{cite web}}: Missing or empty|title=(help) - ↑ (PDF) https://www.opec.org/assets/assetdb/woo-2025.pdf.
{{cite web}}: Missing or empty|title=(help)
