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.
