Company Data

Aker BP

Ticker
AKRBY
Current Price
$12.1 5.13%
Price Target
Refer to Report
Volume
1.0K
52wk Range
$10.723064 - $14.37
Advanced Market Data

Overview

Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, and Valhall. Revenue is derived from a short list of clients and primarily consists of liquid sales. The Alvheim field, which developed with an FPSO, contributes the most volume for the company. Fields in close proximity to Alvheim are tied to Alvheim’s FPSO. From the tiebacks, oil is transported from the field with shuttle tankers, and associated gas is exported to Scotland through a gas evacuation system.

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