


Through the Storm – Aker 175 years
Aker is celebrating its 175 year anniversary. Its history is filled with ups and downs. A story of never giving up. #nevergiveup #aker175

Aker BP has completed integration – Marks first day as one organization
(Fornebu, 1 December 2016) Aker BP ASA (Aker BP) has completed the integration after the merger between Det norske oljeselskap ASA (Det norske) and BP Norway. The Company today announces that Aker BP now operates as one organization with considerable ambitions on the Norwegian continental shelf. (mer…)

Cash dividend to be paid by Aker BP ASA
Key information relating to the cash dividend to be paid by Aker BP ASA
Dividend amount: USD 0.185 per share
Declared currency: USD
Last day of trading including right: November 28, 2016
Ex-date: November 29, 2016
Record date: November 30, 2016
Payment date: December 7, 2016
Date of approval: November 24, 2016
As per the updated loan agreement in the DETNOR02 bond loan (ISIN: NO 001068414.5), clause 12.4, bondholders have an option to put bonds at 107% of the dividend distribution amount. A distribution event notice will be sent to bondholders on the dividend payment date.
This information is published in accordance with the requirements of the Continuing Obligations.

Start-up of production from Viper and Kobra
Aker BP announces the start-up of production from Viper-Kobra, which is tied back to the Alvheim FPSO. The project is developed on time and within budget. (mer…)

Invitation – Credit Markets Day

Together with the other Aker companies, Aker, Aker Solutions, Ocean Yield and American Shipping Company – Aker BP are pleased to invite credit investors and analysts to take part in a joint Aker companies credit investor day.
Date: Monday 21 November 2016
Venue: Fornebuporten building B, Oksenøyveien 10, Lysaker
Program (CET):
09:00 –12:00 Registration / 1:1 meetings with management teams
12:00 –13:00 Lunch
13:00 –15:30 Company presentations
15:30 –16:30 Reception
Presenting companies: Aker ASA, Aker BP ASA, Aker Solutions ASA, Ocean Yield ASA and American Shipping Company ASA.
Language: English
To register: Please send an email to akercredit@akerasa.com by Monday 31 October 2016
One-to-one & group meetings: In addition to the main presentations, management teams will be available for individual and group meetings. In your registration response, please indicate which (if any) companies you wish to meet. Meetings will be from 9:00 a.m. to 12:00 CET.
Invitation:Invitation – Aker Companies Credit Markets Day 2016
For further information, please contact:
Thomas Lunder, Finance Manager Aker ASA
Phone: +47 24 13 00 41
Email: thomas.lunder@akerasa.com
Marianne Stigset, Head of Investor Relations Aker ASA
Phone: +47 41 18 84 82
Email: marianne.stigset@akerasa.com

Acquisition of licenses from Tullow
Aker BP ASA announces the acquisition of licenses from Tullow Norge AS. The transaction comprises working interest in eight licenses, including 15 percent in the Oda (previously known as Butch) discovery in PL 405.
The transaction strengthens Aker BP’s position in core areas surrounding the Ula, North of Alvheim, Skarv and the Krafla/Askja areas.
The Oda development concept is a tie-in to the Ula field and the discovery is estimated to contain 43 million (gross) barrels of oil equivalent (Source: NPD). The partners are targeting an investment decision in 2016.
The transaction is subject to regulatory approval.
Licence | Equity transferred to Aker BP |
Aker BP new equity in license |
PL 405 | 15.0 % | 15.0 % |
PL 811 | 20.0 % | 20.0 % |
PL 507 | 20.0 % | 45.0 % |
PL 784 (Op.) | 40.0 % | 40.0 % |
PL 650 | 25.0 % | 25.0 % |
PL 838 | 30.0 % | 30.0 % |
PL 610 | 37.5 % | 37.5 % |
PL 659 | 15.0 % | 35.0 % |

Det norske, Aker Solutions and Subsea 7 Form Development Alliance in Norway
13 September 2016 Det norske oljeselskap, Aker Solutions and Subsea 7 agreed on a “one for all, all for one” collaboration model that marks a major shift in how an operator and its suppliers can work together on oil and gas developments offshore Norway. (mer…)

Notice of Extraordinary General Meeting
Notice is hereby given that an Extraordinary General Meeting of Det norske oljeselskap ASA («the Company», OSE ticker code «DETNOR») will be held at the Company’s office at Munkegata 26, Trondheim, Norway on Thursday 15 September 2016, at 12:00 CET.