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Approved development plan for Tyrving

Aker BP (OSE:AKRBP, OTCQX:AKRBF) The Norwegian Ministry of Petroleum and Energy has today approved the Plan for development and operation (PDO) for Tyrving (previously Trell & Trine) in the Alvheim area. The Operator Aker BP and licence…
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Aker BP ASA announces pricing of Senior Notes Offering

Aker BP ASA (the “Company”) is pleased to announce that it has priced its offering (the “Offering”) of $500 million aggregate principal amount of 5.600% Senior Notes due 2028 (the “2028 Notes”) at a price equal to…
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Aker BP ASA announces launch of offering of U.S. dollar-denominated Senior Notes

Aker BP ASA (the “Company”) announced today that it has launched a multi-tranche offering (the “Offering”) of U.S. Dollar-denominated Rule 144A/Regulation S senior unsecured notes (the “Notes”). The interest rate, offering price and…
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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,…