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Start-up of Johan Sverdrup expected in October 2019
Aker BP ASA is pleased to announce that start-up of production from the Johan Sverdrup field should be ready to commence already in October this year. Earlier this morning, 5 […]
Second quarter and first half year 2019 report
Aker BP reported total income of USD 785 million and operating profit of USD 354 million for the second quarter 2019. Net profit was 62 million USD. All field developments are progressing as planned, and the company’s exploration program has been highly successful so far this year. The company paid a dividend of USD 187.5 (USD 0.52 per share) in the quarter.
Oil discovery in the NOAKA area
Aker BP is about to complete the Liatårnet exploration well in licence 442 in the NOAKA area. The well has proved oil with a gross resource estimate of 80-200 mmboe. Further data acquisition and analysis will be undertaken to determine the drainage strategy and recovery factor for the discovery.