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.

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