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Aker BP Norway Projects Face Cost Overruns

The cost of Aker BP's major oil and gas development projects, Yggdrasil and Valhall-Fenris, off Norway has increased by 9.8% and 23% respectively from nominal estimates made a year ago, according to data from the government's fiscal budget.

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08:39:01 AM UTC
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Aker BP's major projects off Norway to cost more, fiscal budget shows

8% and 23% respectively from nominal estimates a year ago, according to data in the government's fiscal budget on Wednesday. The Yggdrasil project, the largest project under devel…