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Kraftig resultathopp fra Aker BP

Høyere energipriser løfter Aker BPs resultat.

Kraftig resultathopp fra Aker BP

Aker BP released strong results for the third quarter on Thursday morning, supported by stable and reliable operations, higher sold volumes, and high achieved prices. The company's financial position remains solid, with low debt levels and significant liquidity. CEO Karl Johnny Hersvik had previously announced the company's expected prices, which were met in the third quarter.

In the same quarter last year, Aker BP produced 414,000 barrels of oil equivalent per day, a decrease from 374,300 barrels per day in the third quarter this year. The company raised its investment guidance to between $6.8 and $7.2 billion, up from an earlier estimate between $6.2 and $6.7 billion. Recently, the government presented cost estimates for ongoing projects at the wellhead.

Several Aker BP projects have increased in scope and cost over the past year, with the government noting that the rise in Valhall-Fenris is due to project changes such as drilling more wells, currency effects, a tight market, and measures to avoid delayed start-up. Yggdrasil's costs increased due to currency effects on dollar and euro contracts and project changes such as including the discovered East Frigg, as well as wellhead optimization, with costs also rising to ensure continued progress.

Written by urgent.news from E24 Norway's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at e24.no →

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