LYSAKER, Norway, Feb. 8, 2024 /PRNewswire/ -- Aker BP delivered strong operational performance in the fourth quarter of 2023, with low cost and high efficiency, although production volumes were impacted by an unplanned shutdown at Alvheim. All field development projects continued progressing as planned, and the company maintained its low emissions intensity at an industry-leading level.
Highlights
Comment from Karl Johnny Hersvik, CEO of Aker BP
"We ended the year on a strong note, successfully delivering on our targets despite experiencing some operational challenges in the second half.
I would like to take the opportunity to underscore the strong efforts of our team during the unplanned shutdown at Alvheim, which demonstrate the dedicated commitment and problem-solving capabilities that characterise this company.
Furthermore, I am pleased to confirm that our field development projects are on track. The cost estimates remain unchanged, and we are one year closer to first oil and generating another wave of value creation for Aker BP and our stakeholders.
Ultimately, we maintain our position as a leader in the E&P industry through high efficiency, low operational costs and low emissions."
Guidance for 2024
Aker BP today also provides guidance for 2024, based on the company's business plan, consisting of the following key parameters:
Webcast presentation
Today at 08:30 CET, the management will present the results on a webcast available on www.akerbp.com/en. The presentation will be followed by an online Q&A session.
Attachments
Aker BP 2023-Q4 Report.pdf
Aker BP 2023-Q4 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
Martin Seland Simensen, IR Officer, tel.: +47 416 92 087
Media contacts:
Tore Langballe, VP Communications, tel.: +47 907 77 841
Ole-Johan Faret, Press Spokesman, tel.: +47 402 24 217
The following files are available for download:
Release | |
https://mb.cision.com/Public/1629/3924416/bdb358ffdc9a98e1.pdf | Aker BP 2023-Q4 Report |
https://mb.cision.com/Public/1629/3924416/8a1f24f3f9aad7c7.pdf | Aker BP 2023-Q4 Presentation |
SOURCE Aker BP ASA
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