Aker BP ASA

Norwayakerbp.com

Aker BP ASA is a Norwegian independent oil and gas exploration and production company focused on the Norwegian Continental Shelf. Formed in 2016 through the combination of Det norske oljeselskap and BP Norge, and expanded in 2022 via the acquisition of Lundin Energy’s Norwegian business, it is among the largest operators on the shelf. The company is headquartered at Fornebu and listed on the Oslo Stock Exchange (ticker: AKRBP). Major shareholders include Aker ASA and BP plc.

Aker BP operates key production hubs such as Alvheim, Skarv, Valhall, Ula and Ivar Aasen, and holds interests in fields including Edvard Grieg and Johan Sverdrup. The portfolio spans mature fields, tie-backs and large new developments such as the Yggdrasil (NOAKA) area, emphasizing efficient use of existing infrastructure.

The company produces crude oil, natural gas and natural gas liquids, with gas exports and NGLs contributing to European energy supply and petrochemical feedstocks. Its activities encompass field development, subsea tie-ins and enhanced recovery on the Norwegian shelf.

Projects Aker BP is involved in

chemXplore tracks 3 projects involving Aker BP, of which one is active.

Aker BP's role on them: Owner, FEED, Investor / Financier, Operator, and Developer.

1 FEED / Pre-FID

1 new construction.

What moved recently
  • 26 August 2026 Aker BP Skarv Satellites Development, Norwegian Sea · Operational / Completed · Norway
  • June 2026 Equinor Ringvei Vest Subsea Tie-Back, Norway · FEED / Pre-FID

Follow these projects in chemXplore →

Latest news on Aker BP

26 August 2026
ORLEN starts production at Idun Nord, Alve Nord and Ørn in Skarv area

Adds ~30 million boe (mostly gas) and >4 billion m³ of gas; tied to Skarv FPSO with 4.5 kg CO2/boe intensity; lifts Skarv output toward 9 million boe by 2027.

24 August 2026
Equinor, Aker BP and Vår Energi form exploration alliance on the Norwegian continental shelf

A joint programme will target high‑impact prospects to find standalone field candidates by testing 20–25 opportunities and drilling about five wells per year.

30 June 2026
Equinor and Vår Energi complete asset swap in Troll–Gjøa area

Swap reallocates operatorship and stakes to advance the Peon gas discovery as a Gjøa tie-back, with gas routed via Kårstø; includes a 5% Fram stake and Ringvei Vest positions.

25 June 2026
Equinor submits EIA programme for Wisting development

Public consultation opens on the EIA programme for a possible Wisting FPSO development in the Barents Sea; consultation runs 16 weeks and FID is targeted end-2027.

18 June 2026
Equinor agrees concept for Ringvei Vest subsea tie‑back to Troll B

Subsea development tying seven discoveries and one prospect to Troll B; estimated 240 million boe. Plan includes 13 wells, seabed tie‑in and DG2 decision planned end of year.

15 June 2026
Equinor advances Johan Sverdrup phase 4 subsea development

Appraisal wells confirmed 20–30 million boe in Tonjer and Geitungen; planned subsea tie-back to maintain Johan Sverdrup production with possible start-up in 2029.

21 May 2026
Equinor and Aker BP align to accelerate NCS development

Strategic tie-up to align ownership and speed NCS developments: 19% sale in Ringvei Vest, 38.16% Frigg UK divestment, Wisting stake to 42.5%; $23M; effective 1 Jan 2026, pending approvals.

13 January 2026
ORLEN Gains New Licenses on Norwegian Shelf

ORLEN secures stakes in six licenses, including Victoria, aiming to leverage advanced tech for gas production, collaborating with Aker BP, Equinor, and Harbour Energy.

Where its projects are

By country, the most active first. active / all projects

  • Norway 0 active projects, 2 in all