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Aker BP reports second quarter 2025 results
Aker BP delivered strong operational performance in the second quarter of 2025, marked by high production efficiency, low costs, and industry-leading low emissions intensity. While production declined compared to the previous quarter due to planned maintenance activities, the company's field development projects remain firmly on track to support production growth from 2027. In addition, a new oil discovery has been made in the Yggdrasil area. Backed by solid operating cash flow and a robust bala
About this update from Aker Bp Asa
LYSAKER, Norway , July 15, 2025 /PRNewswire/ -- Aker BP delivered strong operational performance in the second quarter of 2025, marked by high production efficiency, low costs, and industry-leading low emissions intensity. While production declined compared to the previous quarter due to planned maintenance activities, the company's field development projects remain firmly on track to support production growth from 2027. In addition, a new oil discovery has been made in the Yggdrasil area. Backed by solid operating cash flow and a robust balance sheet, Aker BP is well positioned to navigate market volatility and continue delivering resilient dividends to its shareholders. Highlights Comment from Karl Johnny Hersvik, CEO of Aker BP "We continued to deliver strong operational results in the second quarter, with high production efficiency, low emissions, and safe execution across our portfolio. This performance reflects the strength of our teams and the resilience of our operations." "Our field development portfolio is progressing according to plan, with several projects even moving ahead of schedule. The final investment decisions on Johan Sverdrup Phase 3 and East Frigg this quarter further demonstrate our ability to turn strategy into action and lay the foundation for future growth." "Our robust balance sheet and solid cash flow generation enable us to navigate market volatility with confidence – while continuing to deliver attractive and resilient dividends to our shareholders." Webcast presentation The presentation will be webcasted today at 08:30 CEST on www.akerbp.com , hosted by CEO Karl Johnny Hersvik and CFO David Tønne . The presentation will be followed by an online Q&A session. Attachments Aker BP 2025-Q2 Report.pdf Aker BP 2025-Q2 Presentation.pdf CONTACT: Investor contacts: Kjetil Bakken , Head of IR, tel.: +47 918 89 889 Carl Christian Bachke , IR Officer, tel.: +47 909 80 848 Media contacts: Tore Langballe , VP Communications, tel.: +47 907 77 841 Ole-Johan Faret , Press Spokesman, tel.: +47 402 24 217 This information was brought to you by Cision http://news.cision.com https://news.cision.com/aker-bp-asa/r/aker-bp-reports-second-quarter-2025-results,c4206791 The following files are available for download: View original content: https://www.prnewswire.com/news-releases/aker-bp-reports-second-quarter-2025-results-302505010.html SOURCE Aker BP ASA