BP Sells Stake in Aker BP for More Than $1 Billion

04:17 AM EST, 11/05/2026 (MT Newswires) -- BP (BP) has sold a 5% stake in Norwegian oil and gas producer Aker BP at 311 Norwegian kroner ($33.46) per share, raising about 9.83 billion kroner in gross proceeds, BP said Thursday. Following the sale, the company will hold 68.7 million shares in Aker BP, representing a roughly 11% stake. BP now expects 2026 divestment and other proceeds to be about $9 billion, around $1 billion higher than previously projected, the company said.