OB:AKRBPOil and Gas
Assessing Aker BP (OB:AKRBP) Valuation After Solveig Phase 2 Production Start
Aker BP (OB:AKRBP) has begun oil production from its Solveig Phase 2 development in the North Sea, a project delivered on schedule and within budget that adds 39 million barrels of oil equivalent in recoverable resources.
See our latest analysis for Aker BP.
The Solveig Phase 2 start up comes after a series of project deliveries for Aker BP. The share price has eased recently, with a 7 day share price return of 4.52% following a 1 day decline of 3.47%. However, the 1 year total shareholder...