Deal Insight
Det Norske and BP Norway merge to form Aker BP
Report summary
BP is merging its Norwegian business with independent E&P Det Norske, to form Aker BP. On completion, BP will own 30% of the combined business, with Aker - which currently owns 49.99% of Det Norske, owning 40%. The remainder will be held by other Det Norske shareholders. The business is expected to show strong growth between 2019 and 2023, driven by its 11.57% stake in the world-class Johan Sverdrup development.
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- BP
- Det Norske
- Deal analysis
- Upsides and risks
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes 7 images and tables including:
- Executive summary: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Strategic rationale: Table 1
- Oil & gas pricing and assumptions: Table 1
- Upstream assets: Table 1
What's included
This report contains:
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