Energy Firm Aker Is Looking to Buy More Assets in Norway's Oil and Gas Sector
- CEO says each barrel must be produced with low emissions
- Lundin Energy acquisition to be complete in second quarter
An offshore gas platform in the North Sea 140kms from Bergen, Norway.
Photographer: Kristian Helgesen/BloombergThis article is for subscribers only.
Aker BP ASA is actively looking to purchase more assets or companies operating in Norway’s lucrative oil and gas sector, according to Oyvind Eriksen, chief executive of the firm’s parent company.
Aker ASA, controlled by Norwegian billionaire Kjell Inge Rokke, is about to become the country’s second-biggest oil and gas producer -- after Equinor ASA -- after it agreed to buy Lundin Energy AB’s fossil assets late last year.