Aker BP ASA (Aker BP) is an independent oil and gas exploration and production company. It mainly focuses on the Norwegian Continental Shelf (NCS). The company has a balanced portfolio of assets across the upstream value chain. Aker BP operates producing assets include Alvheim, Ivar Aasen, Skarv, Ula and Valhall among others. It also has participating interest in other producing assets such as Atla, Enoch and Gina Krog. The company is also a partner in a major developing project, Johan Sverdrup and has interest in additional exploration licenses. It has offices in Harstad, Sandnessjoen, Stavanger and Trondheim. Aker BP is headquartered in Lysaker, Norway.
Headquarters
Norway
Address
Oksenoyveien 10, Lysaker, 1366
Website
akerbp.com
Telephone
47 51 353000
No of Employees
1,839
Industry
Energy and Utilities
Ticker Symbol & Exchange
AKRBP (OSL)
Revenue (2022)
$5.7B
90.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
1802.5%
(2022 vs 2021)
Market Cap*
$18.5B
Net Profit Margin (2022)
XYZ
900.7%
(2022 vs 2021)
* As of and is in US$
Aker BP ASA premium industry data and analytics
Products and Services
| Products |
|---|
| Crude Oil |
| Natural Gas |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Regulatory Approval | In February, the company secured consent from Petroleum Safety Authority Norway for exploration drilling in block 25/2 in the North Sea. |
| 2023 | Regulatory Approval | In February, the company secured consent from Petroleum Safety Authority Norway for drilling of two shallow gas pilot holes in block 6507/2 and 6607/12 in the Norwegian Sea. |
| 2023 | Others | In February, the company made an oil discovery in production licence 867 B (PL 867 B), offshore Norway. |
Competitor Comparison
| Key Parameters | Aker BP ASA | DNO ASA | Norwegian Energy Company ASA | Pandion Energy AS | Wintershall Dea Norge AS |
|---|---|---|---|---|---|
| Headquarters | Norway | Norway | Norway | Norway | Norway |
| City | Lysaker | Oslo | Oslo | Oslo | Stavanger |
| State/Province | - | - | - | Oslo | - |
| No. of Employees | 1,839 | 1,327 | 30 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Oyvind Eriksen | Chairman | Executive Board | 2016 | 58 |
| Anne Marie Cannon | Deputy Chairman | Executive Board | 2013 | 65 |
| Paula Doyle | Chief Digital Officer; Director | Executive Board | 2022 | - |
| Karl Johnny Hersvik | Chief Executive Officer | Senior Management | 2014 | 50 |
| Evy Glorstad | Senior Vice President - Exploration | Senior Management | 2018 | 47 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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