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Selskabsmeddelelse

AKRBP: New milestone reached at Johan Sverdrup

Aker BP
Aker BP (OSE:AKRBP, OTCQX:AKRBF) is pleased to announce that the production
capacity at the Johan Sverdrup field has been successfully tested at 755,000
barrels oil per day.

The development of Johan Sverdrup Phase 2 was completed in December, increasing
the field's total oil production capacity to 720,000 barrels per day. The
partners have an ambition to increase this capacity, and the operator Equinor
has now successfully tested the process facilities to 755,000 barrels per day.

"We are very pleased with the successful completion of the capacity test, which
will enable an increase in Johan Sverdrup's plateau production up towards
755,000 barrels per day, and which once again demonstrates the quality of this
world-class asset. This great achievement has been made possible through
systematic and targeted work by the operator Equinor," says Karl Johnny Hersvik,
CEO in Aker BP.

Aker BP has 31.5733 percent interest in the Johan Sverdrup field.

Contacts:
Ole-Johan Faret, Press Spokesman, tel.: +47 402 24 217
Martin Seland Simensen, IR Officer, tel.: +47 416 92 087
Kjetil Bakken, Head of IR, tel.: +47 918 89 889

About Aker BP:
Aker BP is a company engaged in exploration, field development and production of
oil and gas on the Norwegian continental shelf. The company operates the field
centres Alvheim, Edvard Grieg, Ivar Aasen, Skarv, Ula and Valhall, and is a
partner in the Johan Sverdrup field. Aker BP is headquartered at Fornebu,
Norway, and is listed on Oslo Børs under the ticker AKRBP. More about Aker BP at
www.akerbp.com.
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