Aker ASA: Aker BP acquires Hess Norge
Reference is made to Aker BP ASA's ("Aker BP") stock exchange announcement today regarding the agreement to acquire Hess Norge AS ("Hess Norway").Aker BP has entered into an agreement to acquire Hess Norway. The transaction includes Hess Norway's 64.05 per cent share of the Valhall field, its 62.5 per cent share of the Hod field and a tax loss carry forward with an after-tax value of USD 1.5 billion (as booked in Hess Norway's 2016 annual accounts). "With the acquisition of Hess Norway, Aker BP continues to deliver on its growth strategy on the Norwegian Continental Shelf. The