Aker BP ASA

Norwayakerbp.com

Owner FEED Investor / Financier Operator Developer

projects tracked
5
active
3
plants
6
partner companies
8

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.

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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 5 projects involving Aker BP, of which 3 are active.

  1. 1 project Announced / Concept
  2. 2 projects FEED / Pre-FID
  3. none FID / Sanctioned
  4. none Under Construction
  5. none Commissioning & Start-up

Besides these 3, the record holds 2 completed projects.

Active projects

Closest to start-up first.

The 2 that are completed, on hold or cancelled are in the record. See all 5 in chemXplore →

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

Aker BP in chemical industry news

5 November 2026
ORLEN Q3 2026 results: lowest fuel prices in the EU support Polish economy

Q3 LIFO EBITDA PLN 14.8bn, revenue PLN 80.1bn, net profit PLN 5.6bn; PLN 7.8bn invested; Afrodite appraisal lifts ORLEN’s gas share above 4bn m³; negative net debt-to-EBITDA.

5 November 2026
bp sells 5% stake in Aker BP for NOK 9.83bn

Sale raised ~NOK 9.83bn (~$1.06bn); remaining stake is ~10.9% and full-year 2026 divestment proceeds are now guided to around $9bn.

22 October 2026
Aibel wins FEED contract for Wisting production-vessel topsides

Front-end engineering and design study for the production-vessel topsides will involve about 250 people, includes an EPma option; concept selection by end‑2026 and FID planned late‑2027.

21 October 2026
ORLEN-backed Atlas CO₂ storage project in Norway wins €223m EU Innovation Fund grant

EU awards €223m to support Atlas CO₂ transport and storage on the Norwegian Continental Shelf; designed for 6 Mtpa capacity (expandable) with first injection targeted for 2031.

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.

Where its projects are

active all projects

  • Norway 2 active projects, 4 in all

Partners on its projects

The 6 sharing the most projects, of 8.