Project Execution

Aker BP Q3 EBITDA hits USD 3.4B as Skarv Satellites start early

Lysaker – October 29, 2026 -- Aker BP reported third-quarter EBITDA of USD 3.4 billion and cash flow from operations of USD 2.4 billion, as higher sold volumes and strong realised prices lifted earnings.

Net profit reaches USD 986 million, aided by a USD 262 million impairment reversal

Net profit came in at USD 986 million, or USD 1.56 per share. The figure includes a positive after-tax effect of USD 262 million from an impairment reversal.

Net sold volumes were 396 mboepd, up five percent from the previous quarter. Net production was lower at 374 mboepd, which the company attributed to planned maintenance. Aker BP reiterated its full-year production guidance of 380-400 mboepd.

Aker BP holds leverage at 0.50 with USD 5.8 billion in available liquidity

The company described its financial position as robust. The board set a quarterly dividend of USD 0.6615 per share, payable on or about 12 November 2026.