BP to Granted Extended Use of Ula Facilities Through 2008

The Petroleum Safety Authority Norway (PSA) has granted BP consent to operate the facilities on the Ula field up to 2028.

Based on BP's application and several clarification meetings, we are granting BP consent to use the Ula facilities beyond the lifetime and the preconditions used as a basis for approval of the plan for development and operation of petroleum deposits (PDO). The consent is valid until 2028.

We assume that the structural analyses described by BP will be implemented, and that the PSA will be informed of the results when they are available. Reference is also made to the list of exceptions where we have indicated the result of our consideration.

The Norwegian Pollution Control Authority (SFT) and the Rogaland Board of Health have reviewed the application, and have no objections to the consent being granted.


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