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Aker BP ASA ( (GB:0M5J) ) has issued an announcement.
Aker BP has secured ownership interests in 22 exploration licences, including operatorship in 12, in the APA 2025 licensing round on the Norwegian Continental Shelf, reinforcing its status as one of the most active explorers in the region. The awards span the North Sea, Norwegian Sea and Barents Sea, combining near-infrastructure prospects with less explored areas and including work programmes for two committed exploration wells and extensive seismic acquisition. Importantly, Aker BP gains operatorship over licences containing several technically challenging but material gas discoveries in tight reservoirs, giving the company a strategic platform to deploy new technology, deepen its expertise in complex developments and support its long-term growth ambitions in mature Norwegian offshore areas.
The most recent analyst rating on (GB:0M5J) stock is a Buy with a NOK320.00 price target. To see the full list of analyst forecasts on Aker BP ASA stock, see the GB:0M5J Stock Forecast page.
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. It operates the Alvheim, Eiga (Edvard Grieg and Ivar Aasen), Skarv, Ula and Valhall field centres and is a key partner in the Johan Sverdrup field, with its shares listed on the Oslo Børs under the ticker AKRBP.
Average Trading Volume: 920,722
Current Market Cap: NOK165.9B
For a thorough assessment of 0M5J stock, go to TipRanks’ Stock Analysis page.