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Sale of 10 percent interest in Valhall and Hod completed

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Reference is made to the stock exchange notice dated 4 December 2017 regarding Aker BP’s agreement to sell 10 percent interest in the Valhall and Hod fields to Pandion Energy AS. All closing conditions have been fulfilled, and the closing of the transaction took place on 22 December 2017.

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Investor contacts:
Jonas Gamre, VP Investor Relations, tel.: +47 971 18 292
Kjetil Bakken, IR Manager, tel.: +47 91 889 889

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

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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.

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