bp raises $1bn through Aker BP share sale

Offshore Technology · Salong Debbarma · 2026-11-05 11:52 UTC

bp has sold a 5% stake in Norwegian oil and gas producer Aker BP for $33.4 per share, generating gross proceeds of about Nkr9.83bn ($1.06bn).

bp has sold a 5% stake in Norwegian oil and gas producer Aker BP for Nkr311 ($33.4) per share, generating gross proceeds of about Nkr9.83bn ($1.06bn).

The transaction reduces bp’s holding in Aker BP from 15.9% to about 10.9%.

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