Aker BP

Aker BP

Leading oil and gas producer leveraging advanced technology for efficient, low-emission operations. Learn more

Launch date
Employees
Copenhagen Capital Region of Denmark (HQ)

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DateInvestorsAmountRound
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IPO
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Merger
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$500m

Post IPO Debt
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€750m

Post IPO Debt
Total Funding-

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Aker BP is a leading independent oil and gas exploration and production company operating primarily on the Norwegian Continental Shelf. The company serves a diverse range of clients, including industrial and commercial entities that require reliable energy sources. Operating in the energy sector, Aker BP focuses on the exploration, development, and production of oil and gas resources. The business model revolves around discovering new oil and gas fields, developing these resources using state-of-the-art technology, and producing hydrocarbons efficiently and sustainably. Aker BP generates revenue through the sale of crude oil and natural gas, leveraging market prices to maximize returns. The company also employs financial instruments like oil put options to protect against market volatility and ensure stable cash flows. Aker BP is committed to minimizing its carbon footprint by using advanced technological solutions and powering its facilities from shore, aiming for high efficiency and low emissions. The company is also focused on digital solutions to enhance both development and operational phases.

Keywords: oil production, gas exploration, Norwegian Continental Shelf, advanced technology, low emissions, energy sector, hydrocarbons, financial instruments, digital solutions, sustainable operations.

Tech stack

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Investments by Aker BP

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