Aker BP announce fourth quarter of 2025 results

12 Feb Aker BP announce fourth quarter of 2025 results

(Oilandgaspress) -] Aker BP delivered solid operational and financial performance in the fourth quarter of 2025, with high production efficiency, low costs and low emissions, and continued progress across all major development projects. The company further strengthened its long‑term outlook through successful exploration, the maturation of new opportunities across its hubs, and continued deployment of digital and alliance‑based execution models.

Fourth quarter highlights
Stable production: Net production averaged 411 mboepd, supported by 96 percent production efficiency and safe, reliable operations across the portfolio.
Johan Sverdrup: Delivered strong performance with high efficiency and very low operating costs, while preparing for an extensive 2026 drilling programme. Phase 3 remains on track for start‑up in late 2027.
Project delivery: All major field development projects progressed according to plan, achieving key construction, drilling, and installation milestones during the quarter.
Exploration success: The Lofn-Langemann discovery concluded a strong exploration year – Aker BP participated in the three largest discoveries on the NCS in 2025, with total discovered volumes of more than 100 million barrels net.
Solid financials: Total income amounted to USD 2.6 billion, with operating cash flow of USD 1.6 billion for the quarter.
Disciplined capital allocation: Capital expenditure totalled USD 2.0 billion, reflecting high activity across the company’s development portfolio.
Resilient dividends: A dividend of USD 0.63 per share was paid in the quarter, bringing full-year dividends to USD 2.52 per share.

Information Source: Read More

Oilandgaspress ,Oil and Gas , Energy , Climate, Gas,Renewable, Sustainability, Oil Price, LPG, photovoltaic, wind, solar thermal, hydropower, biomass.