Aker BP ASA Capital Markets Update - Presentations Transcript

Feb 04, 2021 / 07:30AM GMT
Presentations
Feb 04, 2021 / 07:30AM GMT

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Corporate Participants
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* David Torvik Tønne
Aker BP ASA - CFO
* Karl Johnny Hersvik
Aker BP ASA - CEO
* Kjetil Bakken
Aker BP ASA - VP of IR

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Karl Johnny Hersvik - Aker BP ASA - CEO

Today is the Aker BP CMU, and what a year 2020 has been. It has turned out differently from what everybody expected. The COVID pandemic, the oil price crash in March and then the general uncertainty we have all felt. 2020 has really been challenging.

When you run oil and gas facilities, you always plan for different scenarios. You run analysis, you have value-add risk and consequence, you train for strategic response, you train for emergency response, and then for good measure, you do some more analysis and train some more. And still to deliver on these plans in real time, in real life is something completely different.

And I truly believe most of us, we don't rise to the occasion. We deliver according to the level

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