Aker BP Contemplating US Dollar Loan

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

Trident Energy to Restart Drilling Campaign Off Equatorial Guinea with Noble Venturer Drillship

Trident Energy to Restart Dril

Navigation and Wind Farms: Competing Ocean Uses Raise Existential Questions

Navigation and Wind Farms: Com

PXGEO Acquires Modus Subsea Services

PXGEO Acquires Modus Subsea Se

Vestas and Maersk to Build Offshore Wind Logistics Base in South Korea

Vestas and Maersk to Build Off

Subscribe for OE Digital E‑News

Offshore Engineer Magazine