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MarketScreener Homepage  >  Equities  >  Oslo Bors  >  Aker BP    AKERBP   NO0010345853

AKER BP

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Aker BP : Awards Optime Subsea Well Access Contract

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01/11/2019 | 08:34am EDT

Aker BP has tapped Optime Subsea to provide a well access system and services on the Norwegian Continental Shelf (NCS) for the next two years, with extension options, according to a news release.

Optime Subsea said its Subsea Controls and Intervention Light System will be used as part of the long-term contract. The system will be deployed this spring on Aker BPs Jette Field as part of plug and abandonment operations and at Skogul for its installation campaign, Optime Subsea said in the release.

The value of the contract was not disclosed.

(c) 2019 ITP Business Publishing Ltd. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2019 3 685 M
EBIT 2019 1 830 M
Net income 2019 490 M
Debt 2019 2 681 M
Yield 2019 5,55%
P/E ratio 2019 26,00
P/E ratio 2020 17,29
EV / Sales 2019 4,26x
EV / Sales 2020 3,06x
Capitalization 12 999 M
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Number of Analysts 24
Average target price 38,8 $
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Karl Johnny Hersvik Chief Executive Officer
Øyvind Eriksen Chairman
Kjetel Digre Senior Vice President-Operations
David Torvik Tønne Chief Financial Officer
Bernard Looney Director
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