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Yggdrasil Development Project

Sector: Oil and Gas • Location: Verdal, Norway

Source: Offshore-Energy

Project
Under Construction

The Yggdrasil area development project involves a final investment decision made in December 2022 by Aker BP and partners Equinor and PGNiG Upstream Norway. Plans for development and operation have been submitted to the Norwegian Ministry of Petroleum and Energy. The project includes installation of three jackets, with the Hugin B jacket recently sailed from Aker Solutions in Verdal. The Yggdrasil

Status
Under Construction
Sector
Oil and Gas
Location
Verdal, Norway
Updated
22 Jul 2026
Source
Offshore-Energy

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Project Information

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The project “Yggdrasil Development Project” is an infrastructure initiative in the Oil and Gas sector, located in Verdal, Norway. Taiyo aggregates data on it from Offshore-Energy.

Participants

Not available for this record.

Status

Original status

under construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Yggdrasil area development project involves a final investment decision made in December 2022 by Aker BP and partners Equinor and PGNiG Upstream Norway. Plans for development and operation have been submitted to the Norwegian Ministry of Petroleum and Energy. The project includes installation of three jackets, with the Hugin B jacket recently sailed from Aker Solutions in Verdal. The Yggdrasil project has gross resources of more than 700 million barrels of oil equivalent and will be remotely operated from an integrated operations center in Stavanger.

Original sector

Oil & Gas

Location

Country

Norway

City

Verdal

Source

Source

Offshore-Energy

URL

More Details

Record type

Project

Sector

Oil and Gas

Article published date

2026-04-17

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