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Aker BP Boosts Stake in Johan Sverdrup Oil Field After Redetermination Process

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Aker BP (AKRBP.OL) said Monday its ownership interest in the Johan Sverdrup oil field increased to 31.7163% from 31.5733% following the completion of a redetermination process under the unit agreement.

The redetermination process, launched in January 2025, led to revised ownership interests of partners based on updated technical and production data.

As a result, the exploration and production company expects to receive an additional 2.2 million barrels of oil equivalent over the next two years from the reallocation of historic production volumes. It will pay 300 million Norwegian kroner before tax.

Johan Sverdrup, operated by Equinor (EQNR.OL), is one of the largest producing oil fields on the Norwegian continental shelf.

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