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AKERBP: Exercises redemption right for DETNOR03 bond

Aker BP ASA has notified Nordic Trustee ASA of its intention to exercise its redemption right for bond issue DETNOR03 (ISIN NO 001073638.2) as per Clause 10.3 of the Bond Agreement. The entire bond issue will be repaid at 110 per cent of par value…
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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 $400 million aggregate principal amount of 6.00% senior notes due 2022 at par (the “Notes”). The size of the…
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AKERBP: Aker BP obtains credit rating

Aker BP ASA («AKERBP») is pleased to announce that international credit rating agencies S&P and Moody’s today have announced their credit ratings and outlook for Aker BP. S&P assigned a BB+ long-term corporate credit rating…
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AKERBP: Restated first quarter 2017 report

This report replaces the first quarter financial reporting announced by Aker BP ASA on 28 April 2017.  The reissuance of these condensed consolidated interim financial statements has been triggered by a Notes offering involving the preparation…
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AKER BP ASA ANNOUNCES LAUNCH OF $500 MILLION SENIOR NOTES OFFERING

Aker BP ASA (the “Company”) announced today that it has launched an offering of senior notes (the “Offering”) in an aggregate principal amount of $500 million (the “Notes”). Interest will be payable semi-annually.…
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Endringer i styrets sammensetning

Aage Ertsgaard, varamedlem for arbeidstakerrepresentanter- og Emil Brustad-Nilsen, varamedlem for aksjonærene i styret, har trukket seg fra styret i Aker BP ASA. Ertsgaard er ikke lenger ansatt i selskapet, og Brustad-Nilsen har trukket seg på…
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AKERBP: Changes in Board composition

Aage Ertsgaard, deputy to the employee representatives, and Emil Brustad-Nilsen, deputy to the shareholders representatives on the Board of Directors have resigned from the Board of Aker BP ASA. Ertsgaard is no longer an employee of the company and…
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Plugging wells on Valhall using power from shore

Maersk Invincible is being supplied with electricity through the Valhall field. It is probably the first time ever a drilling rig is being powered fully from shore. “This is a pioneer project for Aker BP. Electrifying the drilling rig allows us to…
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DETNOR02: Distribution Put Option Expired

Reference is made to the stock exchange notice from Aker BP ASA ("Aker BP") dated 19 May 2017 relating to a Distribution Put Option in Det norske oljeselskap ASA 13/20 FRN (ISIN NO 001068414.5). The deadline to exercise the Distribution Put Option at…
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Valhall QP removal contract award

Allseas, via Excalibur Marine Contractors, has been awarded a long term (6 yrs + 2 + 2) frame agreement for Transport, Installation and Removal (T,I&R) services for Aker BP, and has been awarded a call off for removal of the Valhall QP topsides…