Fourth quarter 2022 marked the end of a transformational year for
Highlights for the quarter
(Numbers in brackets represent the previous quarter)
- Johan Sverdrup Phase 2 started production - contributing to new record production for
Aker BP of 432 (412) mboepd -
Electrification of
Edvard Grieg &Ivar Aasen completed - contributing to further reduction of the company's CO2 emissions to 3.1 kg CO2 per boe - Plans for Development and Operations (PDOs) for projects with 730 mmboe in net resources submitted to Norwegian authorities
-
Operating profit of
USD 2,214 (3,887) million and Net profit ofUSD 112 (763) million, impacted by lower oil and gas prices -
Dividend per share increased to
USD 2.2 (2.0) per share for 2023, equivalent toUSD 0.55 per quarter
Comment from Karl Johnny Hersvik, CEO of Aker BP:
- Fourth quarter marked the end of another remarkable year for
- Our operations have been safer and more efficient than ever, and we are a global leader when it comes to low CO2 intensity in our industry.
- And we have prepared and submitted PDOs for a large investment program which will contribute to new profitable growth and value creation both for
- In sum, I am very pleased with these achievements, and I believe we are well on our way to building the E&P company of the future.
Guidance for 2023
- Production of 430-460 mboepd
-
Capex of
USD 3.0-3.5 billion -
Exploration spend of
USD 400-500 million -
Abandonment spend of
USD 100-200 million -
Production cost of
USD 7-8 per boe -
Dividend of
USD 2.2 per share (USD 0.55 per quarter)
Webcast presentation
Today at
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