Ambitious plans for Aker BP

Ambitious plans for Aker BP

Aker plans to drill 15 exploration wells in 2019 and triple total output by 2025. In addition is planning to cut production costs from USD 12 to USD 7 per barrel by 2023 and proportionally increasing the dividend payments to shareholders. Aker BP’s production in 2018 was 155.7 mboepd. The guidance for 2019 is set at 155-160 mboepd.