Aker BP is pleased to announce that Moody's Investor Service today has upgraded
its long-term issuer rating of Aker BP from Ba1 to Baa3 with stable outlook.
With this assignment, Aker BP is now investment grade rated by S&P Global
Ratings, Fitch Ratings and Moody's Investor Service, all with stable outlook.
Contacts:
Kjetil Bakken, VP Investor Relations, tel.: +47 918 89 889
John Ole Hægeland, VP Corporate Finance, tel.: +47 906 06 169
About Aker BP:
Aker BP is a fully-fledged E&P company with exploration, development and
production activities on the Norwegian Continental Shelf. Aker BP is the
operator of Alvheim, Ivar Aasen, Skarv, Valhall, Hod, Ula and Tambar. The
company is also a partner in the Johan Sverdrup field. Aker BP is headquartered
at Fornebu, Norway, and is listed on the Oslo Stock Exchange under the ticker
'AKRBP'. More about Aker BP at www.akerbp.com.