The latest announcement is out from Aker BP ASA ( (GB:0M5J) ).
Aker BP, in collaboration with SLB and Stimwell Services, has extended their alliance agreement for another five years to enhance oil production. The alliance, formed in 2019, has successfully met production targets through collaboration, digitalization, and innovative technology, setting new benchmarks for efficient and cost-effective operations. The renewed agreement aims to continue delivering top-quartile performance, scale up digital transformation, and optimize new wells, positioning Aker BP as a future-focused exploration and production company.
More about Aker BP ASA
Aker BP is a leading exploration and production company focused on oil and gas operations on the Norwegian continental shelf. The company operates several field centers, including Alvheim, Edvard Grieg, Ivar Aasen, Skarv, Ula, and Valhall, and is a key partner in the Johan Sverdrup field. Headquartered in Fornebu, Norway, Aker BP is listed on the Oslo Børs under the ticker AKRBP.
YTD Price Performance: 14.48%
Average Trading Volume: 379,664
Technical Sentiment Signal: Strong Sell
Current Market Cap: NOK157.3B
See more data about 0M5J stock on TipRanks’ Stock Analysis page.