Feb 12, 2025 / 07:30AM GMT
Karl Hersvik - Aker BP ASA - Chief Executive Officer
Good morning, and welcome to Aker BP presentation of the fourth quarter and full year of 2024 results, which includes our annual strategy update. And as usual, CFO, David Tonne and I will take you through the presentation, followed by a Q&A session.
Let's begin with a brief overview of today's highlights. Aker BP delivered outstanding performance in both the fourth quarter and throughout 2024, with industry-leading efficiency, low production cost and lower emissions. Production reached the high end of our guided range, reflecting the strength of our operations. Our project execution remains on track with all major developments progressing as planned. And importantly, our total CapEx estimate for the project portfolio is still unchanged.
Looking ahead, we have a clear strategy to sustain production above 500,000 barrels per day beyond 2030, with ambitions to grow even further. A key driver for this growth is Aker BP's 2 billion-barrel opportunity, reflecting the significant upside in and around our existing assets. One example is
Q4 2024 Aker BP ASA Earnings Call Transcript
Feb 12, 2025
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