Aker BP starts Skarv satellites adding 120 million barrels
The Alve Nord, Idun Nord, and Ørn discoveries were delivered one year ahead of schedule. This milestone strengthens the broader Skarv development in the Norwegian Sea.
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Norwegian oil and gas exploration and production company
akerbp.comLast updated
In short: Aker BP launched production at the Skarv Satellites and Symra fields, announced new discoveries, and reported record quarterly cash flows.
The Alve Nord, Idun Nord, and Ørn discoveries were delivered one year ahead of schedule. This milestone strengthens the broader Skarv development in the Norwegian Sea.
The transactions strengthen its positions near existing infrastructure on the Norwegian Continental Shelf by aligning ownership and operatorship for potential tie-back developments.
The dividend is USD 0.6615 per share with ex-date 20 July 2026
Net production averaged 383.6 mboepd with operating cash flow of USD 3.1 billion.
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