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Q1 2020 Aker BP ASA Earnings Call Transcript
Good morning, everyone, and welcome to Aker BP's First Quarter 2020 Presentation, which will be given today by CEO, Karl Johnny Hersvik; and CFO, David Tønne. My name is Kjetil Bakken, and I am the Head of Investor Relations here at Aker BP.
Before we start, I would like to refer you to the disclaimer included on Slide 2 in the presentation deck. And assuming that you have already read that, I now leave the floor to Karl Johnny to kick off the presentation.
Thank you, Kjetil, and good morning to everyone. I guess most of us agree that we are living in pretty extraordinary times. The combination of the COVID-19 pandemic and the collapse of the oil price has created a situation, which is, in my view, totally unprecedented. And there is no doubt, this is a highly dramatic situation, a situation which holds the potential to destroy companies, but it's also a situation where companies with robust strategies will be rewarded. I believe Aker BP is such a company, and it makes me
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