Norwegian oil and gas company Aker BP is switching emphasis from M&A toward exploration, taking a potentially riskier path to increase its resources after years when it has relied on acquisitions to add the bulk of its new …
David Torvik Tønne and Lene Landøy Joins the Executive Management Team of Aker BP
…Aker BP (ticker: ARC) has entered into an agreement with Equinor Energy (ticker: EQNR) to acquire its 77.8 percent interest in the King Lear gas/condensate discovery in the Norwegian North Sea for a cash consideration of USD 250 million.
CEO …
Norwegian Aker BP (ticker: AKERBP) and Hess Corporation (ticker: HES) have completed the previously announced sale of Hess Norge to Aker BP for $2 billion, effective January 1, 2017.
Hess Norge owns interests in the Valhall (64.05%) and Hod (62.5%) …
