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Reported Earlier, BP Sells 5% Of Its 15.9% Stake In The Aker BP JV For Gross Proceeds Of ~NOK9.83B (~$1.06B); Expects FY26 Asset Disposal Proceeds Of ~$9B, Which Is ~$1B Higher Than Previous Guidance

Nov 5, 2026 · 05:43 AM ET· updated 54m ago

bp has successfully executed the sale of 5% of its 15.9% shareholding in leading independent Norwegian oil and gas producer Aker BP at a price of NOK 311 per share, raising gross proceeds of approximately NOK 9.83

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Why It Matters

BP sold part of its stake in an oil company for cash. The company now expects to raise more money than it planned this year.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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