Aker BP has started production from the Skarv Satellites

Aker BP has started production from the Skarv Satellite Project (Alve Nord, Idun Nord and Ørn fields) in the Norwegian Sea. The company said the project was executed efficiently, with production beginning one year ahead of the original schedule. The update is credit-positive for near-term fundamentals but is unlikely to be market-wide given no financial figures were provided.