The company’s quarterly net profit reached USD 521 million, reflecting the resilience of its producing hubs. CEO Karl Johnny Hersvik pointed to the successful offshore installation of the Hugin B topside and the commissioning of the power-from-shore system at the Yggdrasil site as critical evidence of the firm's operational momentum. Meanwhile, the Valhall PWP–Fenris project remains on schedule, with the Valhall PWP topside slated for sailaway in August.
Beyond current projects, Aker BP is realigning its assets to fuel future growth. A newly established strategic collaboration with Equinor targets the Ringvei Vest, Yggdrasil, and Wisting areas to improve long-term recovery potential on the Norwegian continental shelf. The company maintains a strong balance sheet with USD 6.0 billion in available liquidity and declared a quarterly dividend of USD 0.6615 per share.




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