What were Aker BP's Q1 2024 EBITDA and net oil and gas production, and how do they compare to the prior year?

Aker BP's Q1 2024 EBITDA was $2.66 billion, down from $2.8 billion in Q1 2023; net oil and gas production was 398,400 barrels of oil equivalent per day (boed), compared to 441,400 boed in the same period a year earlier.

What are Aker BP's key project timelines and production guidance for 2026–2028?

Aker BP confirmed its two major development projects — Yggdrasil and Valhall PWP–Fenris — remain on track for first oil in 2027; it maintains 2026 production guidance at 370,000–400,000 boed and expects production to rise above 500,000 boed in 2028.

Aker BP Reports Q1 Profit In Line With Expectations, Offshore Projects On Track

May 6, 2026

Norwegian oil firm Aker BP reported Q1 EBITDA of $2.66 billion, meeting analyst expectations despite a year-over-year decline. Major offshore projects Yggdrasil and Valhall remain on schedule for first oil in 2027, with production guidance maintained through 2028.

reuters

2026-05-06

Aker BP Reports Q1 Profit In Line With Expectations, Offshore Projects On Track

2026-06-08

Aker BP Nudges Up Johan Sverdrup Field Stake Following Review, Gains More Oil

Aker BP Reports Q1 Profit In Line With Expectations, Offshore Projects On Track

FAQ