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Aker BP projects Yggdrasil and Valhall-Fenris costs up 9.8% and 23%

Aker BP's Yggdrasil and Valhall-Fenris projects off Norway face cost increases of 9.8% and 23% respectively from nominal estimates a year ago, according to government budget data. The Yggdrasil project's cost is now expected to be 195 billion Norwegian crowns, up from 177.6 billion.

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8% and 23% respectively from nominal estimates a year ago, data from the government's fiscal budget showed on Wednesday. 6 billion crowns one year ago. net)