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Aker BP expects oil output to surge as Sverdrup field gets into swing

FILE PHOTO: A general view of Johan Sverdrup oilfield platforms in the North Sea, Norway
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OSLO (Reuters) - Norway's Aker BP beat fourth-quarter profit forecasts on Tuesday and said it expects its oil and gas output to jump 36% in 2020, the first full year of production from the giant Johan Sverdrup oilfield.Chief Executive Karl Johnny Hersvik said the company planned to continue to grow both via acquisitions and by discovering and developing new oil and gas finds off Norway. However,..
Date Published: Feb 11, 2020
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