LYSAKER, Norway, Oct. 22, 2025/ PRNewswire/– Aker BP provided another strong quarter in Q3 2025, showing functional quality, disciplined expense control, and continued development on crucial development jobs. Production stayed steady, supported by high uptime and safe execution throughout the portfolio. The business attained a significant turning point with the Omega Alfa oil discovery in the Yggdrasil location– among the biggest on the Norwegian Continental Rack in the previous years. Aker BP’s robust monetary position and resistant capital underpin its dedication to investor returns while making it possible for ongoing financial investment in future development.
Emphasizes
- Steady production: Oil and gas production balanced 414 mboepd (415 mboepd in Q2), with high production performance and very little unexpected downtime. Full-year production assistance has actually been raised to 410-425 mboepd (formerly 400-410 mboepd).
- Expense discipline: Production expense was USD 7.6 per boe ( USD 7.3 in Q2), affected by prepared upkeep.
- Industry-leading emissions: Greenhouse gas emission strength at 2.9 kg CO2e per boe (scope 1 & & 2).
- Task shipment: Significant field advancements– consisting of Yggdrasil, Valhall PWP-Fenris, Skarv Satellites, and Utsira High– bore down schedule, with all crucial building and drilling turning points reached.
- Expedition advancement: The Omega Alfa project provided a considerable oil discovery in the Yggdrasil location, approximated at 96– 134 mmboe recoverable.
- Strong financials: Overall earnings was USD 2.6 billion ( USD 2.6 billion in Q2), with capital from operations of USD 2.0 billion ( USD 1.2 billion in Q2).
- Durable dividends: A dividend of USD 0.63 per share was paid in the quarter, keeping Aker BP on track for USD 2.52 per share for the year.
Remark from Karl Johnny Hersvik, CEO of Aker BP:
” In the 3rd quarter, we continued to show steady and effective operations throughout a varied portfolio. Our development jobs advanced as prepared, while our groups kept high uptime, a strong security record, and industry-leading low emissions.
” The Omega Alfa discovery was a clear emphasize this quarter. As one of the biggest oil discovers on the Norwegian Continental Rack in the previous years, it highlights the strength of our expedition method and our collective technique with partners. The discovery substantially broadens the resource base for Yggdrasil and supports our aspiration to grow production well into the next years.
” Our monetary position stays robust. Strong capital and disciplined capital allowance make it possible for ongoing financial investment in future development, improvement of significant advancement jobs, and shipment of appealing, resistant dividends to our investors.”
Webcast discussion
The discussion will be webcast today at 08:30 CEST on www.akerbp.com, hosted by CEO Karl Johnny Hersvik and CFO David Tønne The discussion will be followed by an online Q&A session.
Accessories
Aker BP 2025-Q3 Report
Aker BP 2025-Q3 Discussion
CONTACT:
Financier 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 Representative, tel.: +47 402 24 217
This info was given you by Cision http://news.cision.com
https://news.cision.com/aker-bp-asa/r/aker-bp-reports-third-quarter-2025-results,c4253715
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SOURCE Aker BP ASA