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Highlights
Comment from Karl Johnny Hersvik, CEO of Aker BP - We are pleased to report another quarter of high production efficiency, supported by smooth execution of our maintenance program. This performance has allowed us to increase our production guidance for 2024 and reinforces our position as an industry leader in both low costs and low emissions. - The execution of our development projects is progressing well. This quarter, we celebrated the early production start from the Tyrving field, which came on stream in September - five months ahead of schedule, thanks to the outstanding efforts of our project team and alliance partners. Delivering with quality, on time, and within budget is a key priority as we continue developing new fields that will support future profitable growth. - Our strong financial position was further enhanced by the issuance of 10- and 30-year bonds, extending our debt maturity and underscoring the capital markets' confidence in our strategy. This financial flexibility ensures we are well-positioned not only to deliver on current projects but also to seize future opportunities and navigate potential challenges in an evolving macroeconomic and industry landscape. - In summary, Aker BP continues to generate value through operational excellence, strategic investments in profitable growth, and disciplined financial management. We remain fully committed to delivering value to our shareholders through consistent dividends and long-term growth. Webcast presentation Today at 08:30 CET, the management will present the results on a webcast available on www.akerbp.com. The presentation will be followed by an online Q&A session. Attachments
Aker BP 2024-Q3 Presentation.pdf CONTACT: Investor contacts: Kjetil Bakken, Head of IR, tel.: +47 918 89 889 Media contact: Ole-Johan Faret, Press Spokesperson, tel.: +47 402 24 217 This information was brought to you by Cision http://news.cision.com https://news.cision.com/aker-bp-asa/r/aker-bp-reports-third-quarter-2024,c4058041 The following files are available for download:
SOURCE Aker BP ASA 
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