ShippingWatch

Aker BP expects further growth after improved 2018 results

Oil major Aker BP more than doubled its profit before taxes in a 2018 in which the company's production also grew. CEO expects "further profitable growth" in the coming years.

Photo: Aker BP

Young oil company Aker BP exits another year with growth on the top and bottom lines as well as an increased oil output, shows the annual report published Wednesday.

The company, which has Kjell Inge Røkke's Aker Group as majority shareholder, also looks set to grow further in the years to come, says CEO Karl Johnny Hersvik in relation to the interim report.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Banks predict more upgrades from container carriers

Maersk won't be the only carrier to announce an upgrade due to a red-hot container market fueled by sky-high rates and massive demand. Others will raise their expectations as well, according to SEB Enskilda and Sydbank.

Further reading

Related articles

Trial banner

Latest news

See all jobs