Aker BP agrees to buy Apache stake in Losgann/Froskelar discovery near Alvheim hub
Reuters2026/08/19 08:06Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Aker BP agreed to buy Apache’s operated interest in the UK part of the Losgann discovery near Alvheim.
- Deal aims to secure operatorship across the Losgann/Froskelår cross-border accumulation, supporting a potential tie-back to Alvheim infrastructure.
- Separate agreement to acquire operatorship and a 51% working interest in the Slagugle area from ConocoPhillips Skandinavia.
- ConocoPhillips will keep 29%; INPEX Idemitsu Norge holds 20%; area holds about 50 million barrels gross recoverable oil.
- Both transactions remain subject to regulatory clearances and customary closing conditions.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aker BP ASA published the original content used to generate this news brief via Cision (Ref. ID: 202608190405BITN____UKPR__EN_20260817-BIT-8428-0) on August 19, 2026, and is solely responsible for the information contained therein.
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