Kjetel Digre appointed SVP Operations of Aker BP

Kjetel Digre has been appointed SVP Operations of Aker BP, and will be part of the Executive Management Team. He comes from a position in Statoil as SVP and Project Director for the Johan Sverdrup project development. Mr Digre holds an MSc with distinction in Subsea and Petroleum Engineering from Heriot Watt University in Edinburgh, Scotland.

Karl Johnny Hersvik, CEO of Aker BP states: “As a partner of Statoil at the Johan Sverdrup field, I know Kjetel well. He has impressed us and the rest of the partnership by managing this very complex and valuable project in an excellent manner. I am confident that Kjetel will be a huge contributor to our management team, enabling Aker BP to deliver on our business commitments. “

Eldar Larsen will pursue other opportunities. His next assignment is not available at the time of publishing. Mr. Hersvik says: “I would like to thank Eldar for all his strong efforts and key contributions. He has been instrumental in the integration of BP Norge into Aker BP, and I have personally learned a lot about operational excellence from working closely with Eldar. I wish him all the best in his pursuit of new opportunities.”

Kjetel Digre comments: “I have spent my entire professional career since 1993 with very interesting tasks in Statoil. I am grateful for a fantastic time with the company together with great colleagues. Now the time was right to seek new challenges and try something new in Aker BP. In the near future, I will focus on my tasks in Statoil, and I look forward to new exciting challenges with new colleagues in Aker BP. “

Svein Jacob Liknes, VP operations at Skarv will act as head of Operations in the interim, until Mr Digre will take on the position.

Contacts:

Media contact: Tore Langballe, VP Communications, tel.: +47 907 77 841

Investor contact: Kjetil Bakken, VP Investor Relations, tel.: +47 918 89 889

About Aker BP:
Aker BP is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf. Aker BP is the operator of Alvheim, Ivar Aasen, Skarv, Valhall, Hod, Ula and Tambar. The company is also a partner in the Johan Sverdrup field. Aker BP is headquartered at Fornebu, Norway, and is listed on the Oslo Stock Exchange under the ticker ‘AKERBP’.

More about Aker BP at www.akerbp.com.

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

About Us

Aker BP is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf (NCS). Measured in production, Aker BP is one of the largest independent oil companies in Europe. Aker BP is listed on Oslo Stock Exchange with ticker 'AKERBP'. More about Aker BP at www.akerbp.com/en/.

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