Their name means thought and memory, respectively, in Norse mythology. Huggin and Munnin Symbolism Meaning and Significance Their importance in Norse mythology and other cultures around the world.T hey carry messages that they see or hear from these worlds back to Odin, who then decides what he wants done about them. The two ravens are known for bringing stories to the god Odin, who sits on his throne, Hlidskjalf, and looks into all worlds. Yards at Stord, Egersund, Haugesund, Verdal and Sandnessjøen, along with hundreds of suppliers scattered across the country, will be contributing.Īlongside PDOs submittal, Aker BP has entered into Yggdrasil agreements valued at over NOK 50 billion with alliance partners and suppliers.Īll agreements and contracts are contingent on the Norwegian Parliament’s sanctioning of the project.Huginn and Muninn have become very popular in recent years. The Norwegian share is expected to be over 55 per cent. The Yggdrasil development will result in significant ripple effects and estimated employment effect is more than 65,000 full-time equivalents in the development and operations phases. The licence partners agree that one operator will be well-positioned for efficient project execution and safe and streamlined operations. When the PDO was submitted, Aker BP took over as operator, making the company the operator for the entire Yggdrasil area in both the development and operations phases. Until final investment decision, Equinor was the operator for Munin. Trough Yggdrasil the licence partners are setting a new standard in the way to operate a field, with remotely controlled operations, unmanned production platforms, new technology and data-driven decisions and work processes. The entire Yggdrasil area will be remotely operated from an integrated operations centre and control room onshore in Stavanger. The solution will contribute to very low emissions from the area. Connection to the central grid is planned in Samnanger in Vestland County. Yggdrasil will be developed with a shared power supply from shore, operated by Aker BP. Separate joint ventures have been established for the export pipelines for gas and oil with Equinor as operator. Gas will be exported through a shared pipeline from Hugin A via Munin to Statpipe and Kårstø, while oil will be exported through a shared pipeline from Hugin A to the Grane oil pipeline and Stureterminalen. Yggdrasil also represents an extensive subsea development with a total of nine templates, pipelines and umbilicals. The Frøy field will be developed with a normally unmanned wellhead platform (Hugin B) that will be tied back to Hugin A. Hugin A will provide services such as receiving and stabilising oil and treatment of produced water to Munin and will also deliver water for injection to the subsea production facilities. Hugin A is planned with low manning levels and is also being developed to be periodically unmanned after a few years of operation. The concept consists of an unmanned production platform to the north developed by Equinor (Munin) and a processing platform with well area and living quarters developed by Aker BP (Hugin A) to the south. Total investments are projected at NOK 115 billion.Įxtensive new infrastructure is planned for the area. The area is home to a number of discoveries and contains a total of around 650 million barrels of oil equivalent. Yggdrasil, formerly known as NOAKA, consists of the Hugin, Fulla and Munin licence groups, and the area is located between Alvheim and Oseberg. Plans for development and operation was submitted to the Minister of Petroleum and Energy on 16 December, 2022.
Aker BP ASA has together with Equinor Energy and PGNiG Upstream Norway made a final investment decision to develop the Yggdrasil area.
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