Aker BP buys 19% Ringvei Vest stakes from Equinor

• Aker BP agreed asset swaps with Equinor to realign stakes across parts of their Norwegian Continental Shelf portfolios, targeting higher production and improved resource recovery.
• Equinor will sell Aker BP a 19% interest in a Ringvei Vest licence portfolio, strengthening Aker BP’s position in a Troll-Fram area cluster development expected to be operated by Equinor.
• Aker BP will buy a 38.16% interest in UK licence P2343 near the Yggdrasil area, increasing exposure to the Omega Alfa discovery and supporting a potential cross-border Frigg development.
• As part of the package, Aker BP will transfer a 7.5% interest in the Wisting discovery to Equinor, paying USD 23 million; Aker BP’s stake in Wisting will fall to 27.5%.
• The agreements take effect Jan. 1, 2026, subject to regulatory and government approvals.

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: 20260519:BIT:4524:0) on May 21, 2026, and is solely responsible for the information contained therein.