Aker BP Contemplating US Dollar Loan

Published

Image Credit: Aker BP
Image Credit: Aker BP

Norwegian independent oil firm Aker BP will hold meetings with fixed-income investors to prepare the ground for a possible U.S. dollar-denominated loan, the company said on Tuesday.

The potential issue of investment-grade senior unsecured notes will be subject to market conditions, Aker BP said in a statement.

It did not say how much money it planned to raise.

The company was not immediately available for comment when contacted by Reuters.

(Reporting by Nerijus Adomaitis, editing by Terje Solsvik)

Current News

Murphy Oil Signs Four Production Sharing Contracts Offshore Cameroon

Murphy Oil Signs Four Producti

SSE Picks Siemens Energy for Turbine, Substation Work at Berwick Bank B

SSE Picks Siemens Energy for T

First Oil Flows from Vietsovpetro's Platform Offshore Vietnam

First Oil Flows from Vietsovpe

Cadeler Lines Up Major UK Offshore Wind Installation Campaign

Cadeler Lines Up Major UK Offs

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine