Aker BP profit soars on Iran war price gains, beats forecast
15/07/2026 05:07
Aker BP profit soars on Iran war price gains, beats forecast OSLO, July 15 (Reuters) - Norwegian oil firm Aker BP AKRBP.OL on Wednesday reported a jump in second-quarter profit as the U.S.-Israeli war on Iran drove up energy prices.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to $3.35 billion in the April-to-June quarter from $2.22 billion a year earlier. Analysts in a company-compiled consensus had expected EBITDA of $3.25 billion.
The company also said two major field developments were on track to start production next year.
(Reporting by Terje Solsvik; Editing by Thomas Derpinghaus)
((terje.solsvik@thomsonreuters.com; +47 918 666 70;))