Aker BP awarded 15 licenses in APA 2021

18 Jan 2022 13:53 CET

Aker BP has been offered interests in 15 new production licences in Norway, of
which 7 as operator, through the Awards in pre-defined areas (APA 2021)
licensing round.

Of the 15 production licences awarded to Aker BP, 10 are in the North Sea (5 as
operator) and 5 are in the Norwegian Sea (2 as operator).

"Aker BP is very pleased with the APA 2021 awards. Our team did an excellent
job, and we see great exploration opportunities that will strengthen our
portfolio in mature core areas and new growth possibilities," says Evy Glørstad,
Senior Vice President Exploration and Reservoir Development in Aker BP.

"APA awards are instrumental to meet Aker BP high ambitions on the Norwegian
Continental Shelf and we look forward to constructive collaboration with our
partners," says Glørstad.

The APA 2021 awards were announced by the Ministry of Petroleum and Energy on
Tuesday 18 January 2021. In total, 53 licences were offered to a total of 28
companies.

For more details on the awards, please see the announcement from the Ministry of
Petroleum and Energy at http://oed.dep.no.

Contacts:
Kjetil Bakken, VP Investor Relations, tel.: +47 918 89 889
Ole-Johan Faret, Press Spokesperson, tel.: +47 402 24 217

Om Aker BP:
Aker BP er et uavhengig oljeselskap som driver leting, utbygging og produksjon
på norsk kontinentalsokkel. Aker BP er operatør på Alvheim, Ivar Aasen, Skarv,
Valhall, Hod, Ula og Tambar, og er også partner i Johan Sverdrup-feltet. Aker BP
har hovedkontor på Fornebu og er notert på Oslo Børs under tickerkoden AKRBP.
Mer om Aker BP på www.akerbp.com.

More information:
Access the news on Oslo Bors NewsWeb site

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