Archer to Extend Long-term Platform Drilling, Maintenance Contract with Aker BP

06:15 AM EST, 12/19/2025 (MT Newswires) -- Archer (ARCH.OL) said Friday that it will extend its long-term platform drilling and maintenance contract with the Norwegian oil exploration and development company Aker BP (AKRBP.OL) by three years. The Norwegian drilling and well services company noted that the contract extension follows a formal notice from the Norwegian oil exploration and development company. The contract, for an initial period of five years, was awarded in Nove…

Aker BP Rating, Price Target Upgraded as RBC Forecasts Higher Free Cash Flow

09:28 AM EST, 12/12/2025 (MT Newswires) -- Aker BP (AKRBP.OL) is poised to see an increase in free cash flow on the back of higher production as it brings new oil fields onstream, prompting RBC Capital Markets to revise its rating and price target for the company. "From 2H26 to end 2027 Aker BP is set to bring onstream ~80kboe/d net from the Valhall PFP, Skarv extension, Utsira high and Yggdrasil developments which were sanctioned in late 2022,"analysts said Thursday. "We for…

JPMorgan Downgrades Aker BP to Underweight, Lowers PT

07:27 AM EST, 12/11/2025 (MT Newswires) -- JPMorgan on Thursday downgraded oil and gas company Aker BP (AKRBP.OL) to underweight from neutral and decreased its price target to 226 Norwegian kroner from 258 kroner. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

*** RBC Raises Aker BP to 'Outperform' (Underperform) - Price Target 320 (240) NOK

*** JPMorgan Cuts Aker BP to 'Underweight' - Price Target 226 NOK

Norway's Equinor Discovers Gas, Condensate Reservoirs in North Sea

03:13 AM EST, 12/05/2025 (MT Newswires) -- Norwegian oil and gas group Equinor (EQNR.OL) said Friday it made two gas and condensate discoveries at the Lofn and Langemann wells in the Sleipner area of the North Sea using ocean bottom node seismic technology. According to preliminary estimates, the reservoirs in production license 1140 contain between 5 million and 18 million standard cubic meters of recoverable oil equivalents, representing 30 million barrels to 110 million ba…

Aker BP Announces Major North Sea Oil and Gas Discovery

(AWP Alliance News) - Aker BP ASA, together with operator Equinor, has announced a significant gas and condensate discovery in the Lofn and Langemann wells in the Sleipner area of the North Sea. The new find is estimated to hold between 30 and 110 million barrels of oil equivalent. This marks the conclusion of a strong exploration year for Aker BP, which has added over 100 million barrels net to the company in 2025 from three major discoveries, including Omega Alfa and Kjøttk…

AKRBP: Nytt funn i Nordsjøen avslutter et sterkt leteår for Aker BP

Aker BP og operatør Equinor har gjort funn av gass og kondensat i Lofn- ogLangemann-brønnene i Sleipner-området i Nordsjøen. Brutto utvinnbare ressurserer anslått til mellom 30 og 110 millioner fat oljeekvivalenter (mmboe).- Funnene Lofn og Langemann markerer avslutningen på et sterkt leteår for AkerBP. Gjennom tre store funn har vi lagt til mer enn 100 millioner fat netto tilselskapet, inkludert Omega Alfa og Kjøttkake tidligere i år, sier Karl JohnnyHersvik, konsernsjef i A…

Aker BP ASA: Nytt funn i Nordsjøen avslutter et sterkt leteår for Aker BP

Aker BP ASA: New discovery makes 2025 a standout exploration year for Aker BP

Equinor Commences Production at Co-Owned Verdande Subsea Field

04:47 AM EST, 12/04/2025 (MT Newswires) -- Oil and gas company Equinor (EQNR.OL) commenced production in its co-owned Verdande subsea field in the Norwegian Sea on Tuesday, according to a Thursday release. The company said more than 6 billion Norwegian kroner has been invested in the field, which has reserves of 36 million barrels of oil. The asset is tied to the Norne Floating Production Storage and Offloading vessel. Equinor is the operator of the Verdande project with a 59…

Ti år med Edvard Grieg - Verdiskaping, teknologiutvikling og ny identitet

Edvard Grieg-feltet markerer ti år i produksjon og lanserer nytt områdenavn:Eiga.28.november 2025 er det ti år siden Edvard Grieg startet produksjon påUtsirahøyden i Nordsjøen. Feltet har vært en pioner på norsk sokkel, med enplattform bygget i Norge og en visjon om å være feltsenter for nye utbygginger.[EdvardGriegPlatform.png]Edvard Grieg har siden 2022 vært en del av et sammenslått Grieg Aasen asset.Feltene tar nå et nytt steg inn i fremtiden med nytt områdenavn: Eiga.- Ti…

Ten years of Edvard Grieg - Value creation, technological innovation, and a new identity

The Edvard Grieg field celebrates ten years of production and introduces a newarea name: Eiga.On 28 November 2025, it will be ten years since Edvard Grieg began production onthe Utsira High in the North Sea. The field has been a pioneer on the Norwegiancontinental shelf, with a platform built in Norway and a vision to serve as ahub for future developments.[EdvardGriegPlatform.png]Since 2022, Edvard Grieg has been part of the combined Grieg Aasen asset. Thefields are now takin…

Aker BP · 2024 financial report

Aker BP · 2024-Q3 financial report

Aker BP · 2024-Q2 financial report

Aker BP · 2024-Q1 financial report