Det norske oljeselskap ASA: Closing of BP Norge Transaction; Registration of New Company Name

Det norske oljeselskap ASA (the “Company”) has in connection with the acquisition of BP Norge AS changed its name to Aker BP ASA.

The change of name has today been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret).

From and including 3 October 2016, the Company’s shares will trade under the new name Aker BP ASA and the new ticker symbol “AKERBP” on Oslo Børs. The Company’s ISIN NO0010345853 will remain unchanged.

Contacts:
Investor contact: Jonas Gamre, VP Investor Relations, tel.: +47 971 18 292
Media contact:Geir Bjørlo, Corporate Communications, tel.: +47 915 40 000

About Det norske:
Det norske is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf (NCS). We are building one of Europe’s largest independent E&P companies.

Det norske is the operator of the producing Alvheim field and for the Ivar Aasen field development. In addition, the company is partner in the Johan Sverdrup field. Det norske has an active exploration programme on the Norwegian shelf and an ambitious strategy for growth.

Det norske’s headquarters are located in Trondheim, with branch offices in Stavanger, Oslo and Harstad. Det norske is listed on Oslo Børs with ticker ‘DETNOR’. More about Det norske at www.detnor.no/en/.

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