Aker BP 2021 Q4 Earnings Results

Aker BP ASA delivered strong fourth quarter 2021 results driven by stable operational performance and elevated oil and gas prices, generating record cash flow. The company advanced organic growth projects with three PDOs submitted and strategic concept selections for NOAKA and Valhall developments. Aker BP announced plans to acquire Lundin Energy's oil and gas activities, subject to shareholder and regulatory approvals with closing targeted for mid-2022.