Jul 15, 2025 / 06:30AM GMT
Karl Hersvik - Aker BP ASA - Chief Executive Officer
Good morning. and welcome to Aker BP's presentation of our Q2 2025 results. Today's agenda reflects a strong quarter with clear momentum across both our operations and our strategic priorities.
We will begin with an update on our operational performance, which continues to deliver solid results. Then we'll move on to our field development portfolio where we remain firmly on track and where we have sanctioned two new expansion projects this quarter at Johan Sverdrup and I think that's it.
We are also pleased to share encouraging news from Ivar Aasen on the exploration side, where we have discovered more oil in an ongoing exploration well. And as always, our CFO, David Torvik Tonne, will guide you through the financials later in the presentation.
In the second quarter, production averaged 415,000 barrels per day, down 26,000 barrels from the first quarter. This decline was primarily due to a one-month planned maintenance shutdown at Valhall and Ula.
Despite the shutdown, we maintained a portfolio-wide production
Q2 2025 Aker BP ASA Earnings Call Transcript
Jul 15, 2025
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