Oil firm Aker BP posts record profit, will ramp up gas delivery (updated)

Orron Energy AB

28/04/2022 06:14

(Adds CEO quote, dividend, details)
    OSLO, April 28 (Reuters) - Norwegian independent oil company
Aker BP  AKRBP.OL  reported its fifth consecutive record
quarterly profit on Thursday as petroleum prices soared, and is
preparing to ramp up gas deliveries to Europe, the company said
on Thursday.
    Earnings before interest and taxes (EBIT) for January-March
rose to a fresh record of $1.78 billion from $591 million a year
ago, Aker BP said.
    Energy companies worldwide have benefited from surging oil
and gas prices following Russia's invasion of Ukraine.
    The company said its previously announced increase in gas
output was progressing according to plan. urn:newsml:reuters.com:*:nL5N2VV1B7
    "We have ...initiated the gas blowdown at Skarv, which will
further strengthen our ability to deliver gas to the European
market," Chief Executive Karl Johnny Hersvik said in a
statement.
    Aker BP maintained plans to pay dividends of $1.9 per share
for the full year, starting with $0.475 for the first quarter.

 (Reporting by Nerijus Adomaitis, editing by Terje Solsvik)
 ((nerijus.adomaitis@thomsonreuters.com; +47 9027 6699))