LYSAKER, Norway, Jan. 16, 2025 /PRNewswire/ -- Aker BP (OSE: AKRBP) will publish its report for the fourth quarter of 2024 and provide its annual strategy update on 12 February 2025. Today, the company provides preliminary production and sales figures for the quarter and the full year. 

Quarterly production: The company's equity production for the quarter averaged 449.2 thousand barrels of oil equivalent per day (mboepd). Due to underlift, the net volume sold during the quarter was 439.2 mboepd.

LYSAKER, Norway, Jan. 14, 2025 /PRNewswire/ -- The Norwegian authorities are offering Aker BP ownership interest in 19 exploration licenses on the Norwegian continental shelf in the APA 2024 licensing round. For 16 of the licenses Aker BP is also granted operatorship. The award consolidates our position as the most active independent exploration company on the NCS. 

"We are very pleased with the award that was announced today. It reflects a comprehensive application and gives us a foundation for maintaining our growth ambition on the Norwegian continental shelf and our ambitious exploration strategy. Phasing in oil and gas from new discoveries will be crucial to ensuring long-term activity on the shelf," says Per Øyvind Seljebotn, SVP Exploration and Reservoir Development in Aker BP. 

LYSAKER, Norway, Nov. 4, 2024 /PRNewswire/ -- The shares in Aker BP ASA (OSE: AKRBP) (OTCQX: AKRBF) will be traded ex dividend USD 0.60 (NOK 6.5946) per share as from today, 4 November 2024.

The payment date will be on or about 13 November 2024.

Contact:Kjetil Bakken, Head of Investor Relations, tel.: +47 918 89 889

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LYSAKER, Norway, Oct. 30, 2024 /PRNewswire/ -- Aker BP delivered strong results in third quarter 2024, driven by high production efficiency, low costs, and low emissions. With production guidance raised, early project completions, and robust cash flow generation, we continue to create value and return it to shareholders through dividends. 

HighlightsEfficient operations: Oil and gas production averaged 415 (444) thousand barrels of oil equivalent per day (mboepd) during the quarter. Full-year guidance raised to 430-440 (previously 420-440) mboepd.Low cost: Production cost was USD 6.6 (6.4) per barrel. Full-year guidance lowered to USD ~6.5 (previously ~7) per barrel. Low emissions: Greenhouse gas emission intensity averaged 2.4 (2.6) kg CO2e per boe (scope 1 & 2), ranking among the lowest in the global oil and gas sector.Projects on track: All field development projects progressing on schedule and within budget. Tyrving on stream: The Tyrving field in the Alvheim area commenced production five months ahead of original plan.Strong financial performance: Aker BP reported EBITDA of USD 2.6 (3.0) billion, net profit of USD 173 (561) million, and record-high cash flow from operations of USD 2.8 (1.5) billion.Improved debt profile: Average debt maturity extended by three years following issuance of new 10- and 30-year bonds (completed in October).Returning value: Quarterly dividend of USD 0.60 per share. 

BÆRUM, Norway, Sept. 3, 2024 /PRNewswire/ -- Oil production has started from the Tyrving field in the Alvheim area. Tyrving is operated by Aker BP, with Petoro and PGNiG Upstream Norway as partners.

The Tyrving development leverages the planned extended lifetime for the Alvheim field and will increase production while reducing both unit costs and CO2 emissions per barrel. The Tyrving development consists of three wells and two new subsea installations (manifolds), tied back to existing infrastructure at East Kameleon and further to the Alvheim FPSO. Recoverable resources in Tyrving are estimated at approximately 25 million barrels of oil equivalent. Tyrving will operate with exceptionally low emissions, estimated at just 0.3 kg of CO2 per barrel.