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Aker BP’s major projects approved by Stortinget
Aker BP (OSE:AKRBP, OTCQX:AKRBF): Today, the Storting has approved Aker BP’s plans for development and operation of the Yggdrasil area and Fenris, as well as further development of Valhall. Field illustrations: Valhall PWP-Fenris and…
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Aker BP ASA to hold fixed income investor meetings
Aker BP ASA (OSE: AKRBP) today announced that a series of fixed income investor calls has been arranged. A multi-tranche U.S. dollar-denominated benchmark Rule 144A / Reg S senior unsecured notes offering may follow subject to market conditions. The…
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Termination of Aker BP’s Swedish Depository Receipt programme
In connection with Aker BP’s acquisition of Lundin Energy’s oil and gas business, which was completed 30 June 2022, the shareholders of Lundin Energy received 0.95098 shares in Aker BP per Lundin Energy share. These shares were delivered in the…
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Mandatory notification of trade
David Torvik Tønne, CFO of Aker BP, has today purchased 4,000 shares in Aker BP ASA at an average price of NOK 242 per share. After this transaction, Mr. Tønne holds 22,935 shares in the company. The notification form is attached and can be found…
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Awarding the Munin jacket
Aker BP (OSE:AKRBP, OTCQX:AKRBF) has awarded Heerema Vlissingen a contract for procurement and construction for the Munin jacket in the Yggdrasil area. “This is an important contract for the Yggdrasil development. With this award…
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Aker BP: Oil discovery near Yggdrasil
Aker BP (OSE:AKRBP, OTCQX:AKRBF) is nearing completion of drilling the Øst Frigg Beta/Epsilon exploration well, situated in the Yggdrasil area of the Norwegian North Sea. The well has resulted in a significant oil discovery. Preliminary estimates…
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New milestone reached at Johan Sverdrup
Aker BP (OSE:AKRBP, OTCQX:AKRBF) is pleased to announce that the production capacity at the Johan Sverdrup field has been successfully tested at 755,000 barrels oil per day. The development of Johan Sverdrup Phase 2 was completed in December,…
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Creating value through re-use of equipment
Following the acquisition of Lundin Energy, Aker BP was left with quite a lot of protective equipment that could no longer be used, for example due to aligning of standard products and oversupply. A decision was made to send this equipment to…
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Smart use of data saves energy
A software application helps the Energy Management Team and the offshore process control operators save energy at the Edvard Grieg platform by linking real-time production data with energy consumption information. Instead of measuring energy…
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