Aker completed the acquisition of the oil and gas business of Lundin Energy for $14bn.

Aker, an oil exploration and development company, completed the acquisition of the oil and gas business of Lundin Energy, an oil and gas exploration and production company, for $14bn. “Through this merger we create the oil and gas company of the future. Aker BP is positioned with industry leading low cost and low CO2 emissions. The company has a target of net zero emissions by 2030 and is offering a reliable and secure source of energy,” Øyvind Eriksen, Aker President and CEO.