We will change the oil and gas industry

We produce energy that the world depends on, and we contribute raw materials to a wide range of products used in our daily lives. The work we do creates workplaces and value for our owners and society.

We are proud of who we are and what we do.

Access to energy is essential for our modern way of life. A global upheaval in the energy chain affects us all. It is a shift that will require massive financial resources.

As will the creation of new industries and workplaces. Through it all, we want to ensure the continuation of our welfare state. This is a challenge of unprecedented scale.

Oil and gas are natural resources that have helped create Norway’s national wealth and built the foundation for our welfare state, but the oil and gas industry is obliged to address the seriousness in today’s situation. Our shared resources must be managed in a way that returns more to society.

That is why we intend to change the oil and gas industry.

We want the industry to work closer together and share more.

We will build the foundation for new industries to emerge.

We will reduce emissions from our own operations.

And we will increase our profitability.

Aker BP submits record number of field development plans

Today, Aker BP and its partners are submitting a total of ten PDOs (plans for development and operation) and one plan for installation and operation (PIO) to the Ministry of Petroleum and Energy (MPE). With total investments of more than NOK 200 billion in real terms, these Aker BP-operated oil and gas projects represent one of the largest private industrial developments in Europe.

The scope of the development plans we are submitting to the Minister of Petroleum and Energy is a manifestation of our ambition to create the oil and gas company of the future – with low costs, low emissions, profitable growth and attractive returns.

Karl Johnny Hersvik

Live submission of PDOs to the Minister of Petroleum and Energy

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