Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
  • inderesTV
  • Portfolio
  • Forum
  • Premium
  • Femme
  • Nora AI
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Aker BP ASA: Aker BP strengthens North Sea portfolio with Japex agreement

Aker BP
Download the release

Aker BP ASA has entered into an agreement with Japex Norge AS to swap a 10 percent interest in the Aker BP-operated Alve Nord development and a 3.5 percent interest in the Verdande development. In exchange, Aker BP will receive Japex's Northern North Sea portfolio and a cash consideration of USD 14 million.

Japex's Northern North Sea portfolio comprises a 15 percent interest in the Kjøttkake discovery (PL1182S), a 10 percent interest in the Kveikje discovery (PL293B/PL293CS), and a 20 percent interest in PL1212S. By increasing its stake in Kjøttkake to 45 percent and entering Kveikje with 10 percent, Aker BP strengthens its position in a high-potential cluster of discoveries.

The effective date of the transaction is 1 January 2025, with completion subject to approval by Norwegian authorities.

 

 

 

Aker BP participating interest

License

Name

Pre-deal

Acquired / Sold (-)

Post-deal

PL127C

Alve Nord

68.0825%

-10.0000%

58.0825%

PL127/PL127DS

Verdande Unit

7.0000%

-3.5000%

3.5000%

PL1182S

Kjøttkake

30.0000%

15.0000%

45.0000%

PL293B/PL293CS

Kveikje

-

10.0000%

10.0000%

PL1212S

 

-

20.0000%

20.0000%

 

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.