BP and Det norske establish new energy giant

BP and one of the partners in the giant Sverdrup field, Norway's Det norske oljeselskap, have formed a new joint venture, informs BP. Aker BP, as the venture is named, will be listed in Oslo and will be the biggest independent oil and gas producer in Norway.

Photo: Royal Dutch Shell PR

Norwegian Det norske oljeselskap, a partner in the massive Johan Sverdrup oil field in the North Sea, has established a new joint venture with UK-based BP under the name Aker BP, informs BP in a press release.

According to the partners, the new unit will be the biggest independent explorer and producer of oil and gas in Norway.

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