03 Sep 2024 09:00 CEST

Issuer

Aker BP ASA

Oil production has started from the Tyrving field in the Alvheim area. Tyrving
is operated by Aker BP, with Petoro and PGNiG Upstream Norway as partners.

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The Tyrving development leverages the planned extended lifetime for the Alvheim
field and will increase production while reducing both unit costs and CO2
emissions per barrel.

The Tyrving development consists of three wells and two new subsea installations
(manifolds), tied back to existing infrastructure at East Kameleon and further
to the Alvheim FPSO.

Recoverable resources in Tyrving are estimated at approximately 25 million
barrels of oil equivalent. Tyrving will operate with exceptionally low
emissions, estimated at just 0.3 kg of CO2 per barrel.

Contacts:
Ole-Johan Faret, Press Spokesperson, tel.: +47 402 24 217
Carl Christian Bachke, Investor Relations Officer, tel.: +47 909 808 48

About Aker BP:
Aker BP is a company engaged in exploration, field development and production of
oil and gas on the Norwegian continental shelf. The company operates the field
centres Alvheim, Edvard Grieg, Ivar Aasen, Skarv, Ula and Valhall, and is a
partner in the Johan Sverdrup field. Aker BP is headquartered at Fornebu,
Norway, and is listed on Oslo Børs under the ticker AKRBP. More about Aker BP at
www.akerbp.com/en.


626910_Release.pdf

Source

Aker BP ASA

Provider

Oslo Børs Newspoint

Company Name

AKER BP

ISIN

NO0010345853

Symbol

AKRBP

Market

Oslo Børs