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Aker BP reports third quarter 2025 results
Aker BP delivered another strong quarter in Q3 2025, demonstrating operational excellence, disciplined cost control, and continued progress on key growth projects. Production remained stable, supported by high uptime and safe execution across the portfolio. The company achieved a major milestone with the Omega Alfa oil discovery in the Yggdrasil area – one of the largest on the Norwegian Continental Shelf in the past decade. Aker BP's robust financial position and resilient cash flow underpin it
About this update from Aker Bp Asa
LYSAKER, Norway , Oct. 22, 2025 /PRNewswire/ -- Aker BP delivered another strong quarter in Q3 2025, demonstrating operational excellence, disciplined cost control, and continued progress on key growth projects. Production remained stable, supported by high uptime and safe execution across the portfolio. The company achieved a major milestone with the Omega Alfa oil discovery in the Yggdrasil area – one of the largest on the Norwegian Continental Shelf in the past decade. Aker BP's robust financial position and resilient cash flow underpin its commitment to shareholder returns while enabling continued investment in future growth. Highlights Comment from Karl Johnny Hersvik, CEO of Aker BP: "In the third quarter, we continued to demonstrate stable and efficient operations across a diverse portfolio. Our growth projects progressed as planned, while our teams maintained high uptime, a strong safety record, and industry-leading low emissions. "The Omega Alfa discovery was a clear highlight this quarter. As one of the largest oil finds on the Norwegian Continental Shelf in the past decade, it underscores the strength of our exploration strategy and our collaborative approach with partners. The discovery significantly expands the resource base for Yggdrasil and supports our ambition to grow production well into the next decade. "Our financial position remains robust. Strong cash flow and disciplined capital allocation enable continued investment in future growth, advancement of major development projects, and delivery of attractive, resilient dividends to our shareholders." Webcast presentation The presentation will be webcast 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-Q3 Report Aker BP 2025-Q3 Presentation 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-third-quarter-2025-results,c4253715 The following files are available for download: View original content: https://www.prnewswire.com/news-releases/aker-bp-reports-third-quarter-2025-results-302590981.html