AKERBP celebrates completion of major Valhall module in Grimstad

The 1,000-tonne MEG module for the new platform at the Valhall field is now ready for transport from Nymo’s yard in Grimstad. Today, employees, apprentices, partners and authorities gathered to celebrate this important milestone.
“This is a significant and highly visible milestone in the Valhall PWP-Fenris project. The module is the result of close collaboration between Aker BP, Aker Solutions, NOV and Nymo – and a strong example of what we achieve when we work as one team,” says Rannveig Storebø, Project Director at Aker BP.
The MEG module is a key part of the Valhall development and will enable efficient recycling of monoethylene glycol (MEG) in the pipelines between the Valhall and Fenris fields, located in the southern part of the North Sea. This contributes to safe and stable operations over long distances.
The module will be transported to Aker Solutions’ yard at Stord for integration with the PWP platform, ahead of installation at the Valhall field. Production start-up for Valhall PWP-Fenris is planned for the second quarter of 2027.
A milestone for Norway’s industry
NOV Process Systems is the main supplier of the MEG plant and has been responsible for design, engineering and procurement of the main equipment. Nymo has carried out fabrication and completion at its yard in Grimstad.
“This facility represents one of the most technically advanced process technologies required for offshore gas production. Delivering this project with fabrication at Nymo’s yard in Grimstad – and continuing our close collaboration with Aker BP as the technology is put into operation at Valhall – marks an important milestone for us,” says Rune Fantoft, Senior Vice President at NOV.
Fantoft also highlights the close and integrated collaboration between Aker BP, NOV and Nymo in reaching this milestone.
Record activity and strong local impact
Since first steel was cut in 2023, construction of the MEG module – together with the bridge that will connect the new platform to the existing Valhall field centre – has generated record-high activity at Nymo’s yards in Grimstad and Arendal. The bridge, weighing around 1,200 tonnes, was transported from Nymo’s Arendal facility last summer.
“These projects have ensured full employment and reinforced our competence base at Nymo. That is something we are truly proud of – both as an industrial company and as part of the local community,” says Øyvind Boye, Project Director MEG at Nymo.
At peak periods, more than 800 employees, contractors and suppliers have been working simultaneously at Nymo’s facilities in Grimstad and Arendal. During this time, Nymo has tripled the number of apprentices – from seven to twenty – strengthening recruitment into the industry.

The projects have also generated significant ripple effects for the regional business community, including purchases of goods and services from local suppliers totalling more than 1,5 billion NOK.
Facts: Valhall PWP-Fenris project
- Valhall PWP-Fenris is one of the largest ongoing development projects on the Norwegian continental shelf.
- The coordinated development, located in the southern North Sea, includes a new centrally located production and wellhead platform (PWP), connected by a bridge to the Valhall field centre, as well as an unmanned installation (UI) at Fenris. The Fenris installation is tied back to the PWP through subsea equipment and pipelines.
- Aker BP is the operator of both Valhall and Fenris. INPEX Idemitsu Norge is a partner in Valhall, and Orlen Upstream Norway is a partner in Fenris, located approximately 50 kilometres away.

Related News.
October 15, 2026
Hong Kong Global Maritime Trade Summit to return for third edition
The International Chamber of Shipping, in collaboration with the Transport and Logistics Bureau of the Government of Hong Kong and the Hong Kong…
October 15, 2026
Appetite for US crude oil exports climbs despite high freight
South Korea tops US crude destinations at 568,600 b/d VLCC rates to Asia double, closing arbitrage window European refining margins…
October 15, 2026
Shipping stocks Rally as Hormuz Traffic plunges 75%
Ship traffic through the Strait of Hormuz — a critical chokepoint handling about 20% of global crude oil and liquefied natural gas shipments — has…
October 15, 2026
Diana Shipping announces Time Charter Contract for m/v G P Zafirakis with Classic Maritime
Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
October 15, 2026
New IMO ESP Code framework for Remote Inspection Techniques
The International Maritime Organisation, through Resolution MSC.584(111) , has adopted amendments to the International Code on the Enhanced…
October 15, 2026
ABS opens Offshore & Marine Support Center in Bergen
ABS has expanded its capabilities in the Norwegian maritime market with the opening of a cutting-edge support center in Bergen, bringing advanced…
October 15, 2026
MOL holds giant step memorial ceremony and beach cleanup at Kashima Coast
Memorial and Reflection 20 Years After the Accident: Learning from the Past to Foster an Even Stronger Safety Culture Mitsui O.S.K. Lines, announced…
October 15, 2026
KEZAD-based Arabian Gulf Steel Industries achieves lowest verified Carbon Footprint for Rebar
CARES UK verified Environmental Product Declaration confirms 139 kg CO₂e per tonne for rebar produced at AGSI’s KEZAD Abu Dhabi facility Arabian…
October 15, 2026
Indian Register of Shipping announces launch of first fleet support ship INS Surya
Indian Register of Shipping continues to strengthen its role in supporting the Indian Navy and India’s naval shipbuilding capabilities through the…
October 15, 2026
VLCCs Climbing the Record Charts
LR2 The TC1 75kt MEG/Japan index decreased by only a single point this week to WS928. The corresponding Baltic round-trip TCE fell by $2,000 to…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























