Aker BP ASA (LTS:0M5J)
kr 228.4 -0.3 (-0.13%) Market Cap: 143.25 Bil Enterprise Value: 179.89 Bil PE Ratio: 9.41 PB Ratio: 1.07 GF Score: 80/100
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Q2 2021 Aker BP ASA Earnings Call Transcript

Jul 15, 2021 / 06:30AM GMT
Release Date Price: kr251.15 (-5.71%)
Kjetil Bakken
Aker BP ASA - VP of IR

Good morning, and welcome to Aker BP's Second Quarter 2021 Conference Call. My name is Kjetil Bakken, and I am Head of Investor Relations. Today's presentation will be given by our CEO, Karl Hersvik; and CFO, David Tønne. After the presentation, we will open for questions. And if you have any further follow-up questions, feel free to contact us after the call.

And now without further ado, I give the word to our CEO, Karl Hersvik.

Karl Johnny Hersvik
Aker BP ASA - CEO

Thank you, Kjetil, and good morning to all of you listening in. Let us start with a high-level summary of the Aker BP's performance in the second quarter.

On the operational side, the quarter were characterized by planned maintenance and modification activity. And as expected, this resulted in somewhat lower production compared to the previous quarter. Still, our revenues were stable due to increased oil and gas prices, and maybe more importantly, we delivered the significant maintenance and modification scope with safety, efficiency and

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