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Costs Soar at Aker BP’s Biggest North Sea Projects
The cost of Aker BP's two major Norwegian oil and gas developments has climbed sharply, although both projects remain on track to begin production in 2027. Norway's latest fiscal budget estimates the cost of the Yggdrasil development at NO…
LYSAKER, Norway, Oct. 2, 2026 /PRNewswire/ -- Aker BP has appointed a new executive management team, effective 1 January 2027. The new team will be organised around the company's value chain, from exploration to production, to strengthen c…
What Does Aker BP (OB:AKRBP) Resource Upgrade Mean For Verdandi And Lillefix?
Aker BP (OB:AKRBP) and partners have updated resource estimates for the Verdandi and Lillefix discoveries in the Norwegian North Sea. The revision follows new appraisal drilling activity, which has provided fresh subsurface data on both di…
Aker BP Makes New North Sea Gas Discovery·rigzone.com This article was first published on Rigzone here Aker BP ASA discovered natural gas with preliminary estimates of 0.15-2.4 million cubic meters (5.3-84.8 million cubic feet) on Norway's…
Aker BP Makes North Sea Gas Discovery Near Duva Field
Aker BP has made a gas discovery in the Norwegian North Sea about 25 kilometers north of the Duva field, according to the Norwegian Offshore Directorate. Preliminary estimates put recoverable resources at between 0.15 million and 2.4 milli…
Norway Sees 'Strong Confidence' in New Discoveries Potential
Norway Sees 'Strong Confidence' in New Discoveries Potential·rigzone.com This article was first published on Rigzone here The Norwegian Energy Ministry announced Friday it had received applications from 21 companies including international…
Equinor and Partners Plan to Pursue High-Impact NCS Exploration
Equinor ASA EQNR announced a collaboration with Aker BP and Vaar Energi to boost exploration activities in the Norwegian Continental Shelf ("NCS"). While Norway remains one of the largest oil and gas producers in Europe, its oil production…
Aker BP Starts Up Skarv Satellites in Norwegian Sea
Aker BP Starts Up Skarv Satellites in Norwegian Sea·rigzone.com This article was first published on Rigzone here Aker BP ASA said Wednesday production had started at three gas and condensate discoveries in the Norwegian Sea via tiebacks to…
Aker BP has started production from the Skarv Satellites
LYSAKER, Norway, Aug. 26, 2026 /PRNewswire/ -- Aker BP has started production from the Skarv Satellite Project, which comprises the Alve Nord, Idun Nord and Ørn fields in the Norwegian Sea. The project has been executed efficiently, with p…
Is Equinor (OB:EQNR) Fully Priced After Its New Norwegian Shelf Exploration Tie Up?
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Equinor (OB:EQNR) has joined Aker BP and Vår Energi in a new exploration collaboration on the Norwe…
Norway’s Top Oil Producers Team Up to Hunt for Major New Fields
Three of Norway's largest oil and gas producers are joining forces to hunt for the next generation of major discoveries on the Norwegian Continental Shelf as the industry looks to offset an expected long-term decline in production. Equinor…
Equinor and Aker BP Make New North Sea Gas Discovery
Norwegian oil and gas firms Equinor and Aker BP have made a gas and condensate discovery close to the operating Balder field in the North Sea, the Norwegian Offshore Directorate, the regulator of the industry in Norway, said on Monday. Equ…
Global oil stocks tumble as crude prices retreat after U.S. halts Iran strikes
Investing.com -- Shares in oil and gas producers across the U.S. and Europe fell sharply after the U.S. military halted two weeks of strikes on Iran, with Tehran signaling it would suspend its own attacks as long as the pause holds, easing…
Aker BP (OB:AKRBP) Stock Looks Undervalued Even After A 97% Return
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Aker BP has almost doubled shareholders' money over the past five years, yet its valuation signals are split, with a Discounted Cas…
Aker BP ASA (AKRBF) Q2 2026 Earnings Call Highlights: Record Cash Flow and Strategic Growth Plans
This article first appeared on GuruFocus. Production: Averaged 384,000 barrels of oil equivalents per day in Q2. Operating Cash Flow: $3.1 billion, an all-time high for Aker BP. Available Liquidity: $6 billion. Production Cost: Increased t…
Aker BP GAAP EPS of $0.82, revenue of $3.68B beats by $130M; updates FY2026 outlook
* Aker BP press release [https://akerbp.com/wp-content/uploads/2026/07/aker-bp-2026-q2-report.pdf] (AKRBF [https://seekingalpha.com/symbol/AKRBF]): Q2 GAAP EPS of $0.82. * Total income of $3.68B (+42.6% Y/Y) beats by $130M. * Net productio…
LYSAKER, Norway, July 15, 2026 /PRNewswire/ -- Aker BP advanced its strategic growth agenda in the second quarter, combining strong operational delivery with continued maturation of new resources and important milestones across its major d…
Equinor Accelerates NCS Growth With NOK 6B Subsea Investment
Equinor ASA EQNR, on behalf of partners, has awarded contracts worth approximately NOK 6 billion for four subsea developments on the Norwegian Continental Shelf (NCS), reinforcing its strategy to sustain long-term production while lowering…
Eni Strengthens Lithium Strategy With $225 Million Chile Investment
Eni S.p.A. E has taken a strategic step in its energy transition by agreeing to acquire a 25% stake in Black Giant SpA, EnergyX's Chilean subsidiary that is developing a lithium project near the Salar de Punta Negra in northern Chile. Eni'…
Strategic Deals Boost EQNR's Offshore Operations & Production Growth
Equinor ASA EQNR has extended its agreement with CHC Helikopter Service through 2030, exercising two contract options worth NOK 1.7 billion. The extension secures helicopter transport and search-and-rescue (SAR) services for its offshore o…
Eni & UKAEA Partner to Unlock Fusion Energy Growth Through RH3OVA JV
Eni S.p.A. E has taken a strategic step toward the future of clean energy by forming a joint venture ("JV") with the United Kingdom Atomic Energy Authority ("UKAEA") to commercialize services supporting the global fusion energy industry. N…
SLB Boosts Middle East Growth With Seven-Year Kuwait Innovation Deal
SLB N.V. SLB has secured a seven-year contract from Kuwait Oil Company (KOC) under the Ahmadi Innovation Valley (AIV) initiative, strengthening its long-term growth prospects in the Middle East. The agreement makes SLB the first contracted…
Eni Teams Up With Mercuria to Boost Global Energy Trading Footprint
Eni S.p.A. E has signed an agreement with global commodities trader Mercuria to establish a 50:50 joint venture ("JV") focused on energy commodities trading, reinforcing its strategy to expand higher-margin trading activities and diversify…
Equinor Strengthens Norwegian Portfolio With Strategic Asset Swap
Equinor ASA EQNR has strengthened its portfolio on the Norwegian Continental Shelf (NCS) through a strategic asset swap with Var Energi, reinforcing its long-term production and value creation strategy. Subject to customary approvals, the…
Equinor submits proposal to advance Norway’s largest undeveloped oil discovery
[The Norwegian flag waving in the wind] MistikaS/E+ via Getty Images Equinor (EQNR [https://seekingalpha.com/symbol/EQNR]) said Thursday it submitted [https://www.equinor.com/news/20260625-wisting-proposal-environmental-impact-assessment-p…
DrillDocs and Aker BP ASA Expand Deployment of Computer Vision Technology Under Framework Technology
STAVANGER, Norway, June 16, 2026 /PRNewswire/ -- DrillDocs, a pioneering provider of computer vision technology for drilling optimization, and Aker BP ASA, one of the largest oil and gas exploration and production companies on the Norwegia…
Noble Secures New Drilling Contract on the UK Continental Shelf
Noble Corporation NE, the offshore drilling contractor, has secured a three-well drilling contract on the UK Continental Shelf from the British energy giant, BP plc BP. The contract award is for the Noble GreatWhite semi-submersible rig, w…
A Fresh Look At Aker BP (OB:AKRBP) Valuation After Strong Recent Share Price Momentum
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Aker BP (OB:AKRBP) has drawn renewed investor focus after recent share price moves, with the stoc…
Aker BP Gains Larger Stake in Johan Sverdrup After Redetermination
Aker BP will increase its ownership interest in the giant Johan Sverdrup oil field after the completion of a redetermination process among the field's partners, securing a modest but financially significant boost to its share of future pro…
Aker BP Gains 2.2 Million Barrels With Tiny Stake Increase
Aker BP will receive an additional 2.2 million barrels of oil equivalent after the partners in the Johan Sverdrup field completed a redetermination process that slightly increased the company’s ownership stake. The adjustment raises Aker B…
Aker BP increases ownership interest in Johan Sverdrup following redetermination
LYSAKER, Norway, June 8, 2026 /PRNewswire/ -- Aker BP ASA and its partners have completed the redetermination process for the Johan Sverdrup Unit. Following the redetermination, Aker BP's ownership interest will be 31.7163 percent, compare…
Equinor, Aker BP Agree Stakes Swap in North Sea, Barents Sea
This article was first published on Rigzone here Aker BP ASA and Equinor ASA have executed a collaboration agreement that includes an exchange of interests in the North Sea and Barents Sea. "The parties will seek alignment on key areas of…
Equinor And Aker BP Target Higher Recovery And Cash Flows In Norway
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Equinor and Aker BP have agreed to work together to improve resource development and recovery on…
Norway’s Oil Industry Is Learning How To Produce More With Less
Norway’s oil industry is entering a new phase where infrastructure utilization, subsea tie-backs, and recovery rates could matter more than giant new discoveries. Equinor and Aker BP on Thursday released a new cooperation announcement aime…
Sector Update: Energy Stocks Advance Pre-Bell Thursday
Energy stocks were advancing pre-bell Thursday, with the State Street Energy Select Sector SPDR ETF PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium ne…
Cognite and ABB Collaborate to Integrate Agentic AI into Industrial Applications to Deliver Faster Workflows
Aker BP joins as the first customer to scale agent-to-agent operations through a new generation of industrial agentic workflow applications ZURICH & PHOENIX, May 21, 2026--(BUSINESS WIRE)--Cognite, the leader in Industrial AI, today announ…