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Aker BP: Decision To Develop The Gråsel Discovery In 2021
BRIEF-Equinor: Johan Sverdrup Capacity Up At 0.5 Mln Bopd
PGNiG Unit and Aker BP Discover Gas And Oil Reserves In The Alve Nord East Prospect
Aker BP ASA, formerly Det norske Oljeselskap ASA, is a Norway-based oil company engaged in the exploration, development and production of petroleum resources on the Norwegian continental shelf, including the North Sea, the Norwegian Sea and the Barents Sea. The Company has production assets in Alvheim, Hod, Vilje, Boyla, Volund, Valhall, Ula, Tambar, Atla, Enoch, Varg, Skarv, Jotun, Jette, among others. The Company works on various development projects, such as Ivar Aasen, Gina Krog and Johan Sverdrup. The Company operates domestically through number of branch offices in Trondheim, Stavanger, Harstad and Sandnessjoen. The Company operates primarily in the mature areas of the North Sea. The remaining resources are invested primarily in the Barents Sea and in the more immature areas in the North Sea.
Oil & Gas Operations
Building B, Oksenoyveien 10
Chairman of the Board
Karl Johnny Hersvik
Chief Executive Officer
Anne Marie Cannon
Independent Deputy Chairman of the Board
David Torvik Tonne
Chief Financial Officer
Senior Vice President - Operations & Asset Development
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Price To Sales (TTM)
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LT Debt To Equity (MRQ)
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Norway's Aker BP said on Friday it will start drilling and construction soon at its Grey Seal oil and gas field in the Norwegian Sea, and also expects to begin production in the fourth quarter of 2021.
Norwegian independent oil firm Aker BP reported on Thursday higher-than-expected operating profits for the third quarter and slightly cut its expected spending for the full year.
Norwegian independent oil firm Aker BP will hold meetings with fixed-income investors to prepare the ground for a possible U.S. dollar-denominated loan, the company said on Tuesday.
Norwegian oil firm Aker BP on Tuesday beat second-quarter pretax profit expectations helped by record output and a partial reversal of impairments from the previous quarter as oil prices rose.
Norwegian oil firm Aker BP swung to a pretax profit in the second quarter on record output and a partial reversal of impairments from the previous quarter as oil prices rose, the company said on Tuesday.
Aker BP <AKERBP.OL> swung to a pretax profit in the second quarter from a loss in the first three months of the year, the Norwegian oil company said in a preliminary update on Tuesday.
Aker BP will invest an estimated 5.7 billion crowns ($596 million) to redevelop the Hod oilfield in the North Sea, with output to resume in the first quarter of 2022, the Oslo-listed company said on Wednesday.
Equinor and Aker BP have struck a deal to bring one of Norway's largest remaining offshore oil and gas fields online after years of wrangling over the development strategy and costs.
Norwegian oil companies Aker BP and Equinor on Tuesday said they would go ahead with several offshore projects, a day after politicians increased tax incentives for the industry.
Norway's Aker BP slashed its dividend by two-thirds on Wednesday, making it the latest oil firm to curtail payments to shareholders as crude prices fell sharply amid the coronavirus pandemic.
Aker BP will cut its quarterly dividend payments by two-thirds due to the COVID-19 pandemic and the fall in crude prices, the Norwegian oil firm said on Wednesday after reporting first-quarter profits that beat expectations.
Norwegian independent oil company Aker BP said on Friday it expected to report a pre-tax loss due to impairments worth $500 million-$700 million related to the oil price crash.
Aker BP has suspended work on all oil and gas development projects yet to be approved by its board due to the coronavirus-related crash in crude prices, the Norwegian energy firm said on Wednesday.
Norway's independent oil firm Aker BP will lay off some employees and contractors after deciding to postpone some projects and exploration wells due to the oil price crash and coronavirus-related disruptions.
Norway's independent oil firm Aker BP will lay off some employees and contractors after it decided to postpone some projects and exploration wells due to the oil price crash and coronavirus-related disruptions.
Norwegian independent oil firm Aker BP will postpone non-sanctioned projects to cut its planned 2020 capital and exploration spending by 20% due to the coronavirus but maintains its production guidance, it said on Monday.
Norwegian independent oil firm Aker BP will postpone non-sanctioned projects and cut its planned 2020 capital and exploration spending by 20% due to the coronavirus but maintains its production guidance, it said on Monday.
* ON CORONAVIRUS: IS UPDATING ITS INVESTMENT PROGRAM AND FINANCIAL FRAMEWORK IN ORDER TO SECURE ADDITIONAL FINANCIAL OPTIONALITY IN RESPONSE TO HIGH UNCERTAINTY CAUSED BY COVID-19 CRISIS
Norwegian oil firm Aker BP , 30% owned by BP, said it had reduced staffing offshore to prevent a spread of coronavirus, but aims to maintain its output plans for 2020.
Norway's Aker BP <AKERBP.OL> beat fourth-quarter profit forecasts on Tuesday and said it expects its oil and gas output to jump 36% in 2020, the first full year of production from the giant Johan Sverdrup oilfield.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.