Aker BP ASA (the "Company") is pleased to announce that it has successfully
completed its senior notes offering (the "Offering") of (i) $750 million
aggregate principal amount of 5.125% Senior Notes due 2034 (the "2034 Notes")
and (ii) $750 million aggregate principal amount of its 5.800% Senior Notes due
2054 (the "2054 Notes") (the 2034 Notes and 2054 Notes are collectively referred
to as the "Notes").

The Company intends to use the net proceeds of the Offering for general
corporate purposes and to purchase for cash any and all of its outstanding (i)
3.000% Senior Notes due 2025 (the "2025 Notes"), (ii) 2.875% Senior Notes due
2026 (the "January 2026 Notes") and (iii) 2.000% Senior Notes due 2026 (the
"July 2026 Notes" and, together with the 2025 Notes and the January 2026 Notes,
the "Notes") (the "Tender Offers" and each, a "Tender Offer"). The Tender Offers
expired as of 5:00 p.m., New York City time, on September 30, 2024 (the
"Expiration Date"). As of the Expiration Date, (i) $31,905,000 in aggregate
principal amount of the 2025 Notes, representing approximately 33.42% of the
aggregate principal amount outstanding of the 2025 Notes, were validly tendered
and not validly withdrawn, (ii) $34,199,000 in aggregate principal amount of the
January 2026 Notes, representing approximately 26.36% of the aggregate principal
amount outstanding of the January 2026 Notes, were validly tendered and not
validly withdrawn and (iii) $602,321,000 in aggregate principal amount of the
July 2026 Notes, representing approximately 85.18% of the aggregate principal
amount outstanding of the July 2026 Notes, were validly tendered and not validly
withdrawn. The Company has accepted for purchase all the Notes that were validly
tendered and not validly withdrawn as of the Expiration Date. This amount
excludes $250,000 aggregate principal amount of July 2026 Notes, tendered
pursuant to the guaranteed delivery procedures described in the Offer to
Purchase, which remain subject to the holders' performance of the delivery
requirements under such procedures. The Guaranteed Delivery Deadline is 5:00
p.m., New York City time, on October 2, 2024 (the "Guaranteed Delivery
Deadline").

For further information, please contact:

John Ole Hægeland, VP Corporate Finance, tel.: +47 906 06 169
Kjetil Bakken, VP Investor Relations, tel.: +47 918 89 889

Cautionary Statements

This press release is for information purposes only and does not constitute a
prospectus or any offer to sell or the solicitation of an offer to buy any
security in the United States of America or in any other jurisdiction. This
press release also does not constitute an offer to purchase or the solicitation
of an offer to purchase any security in the United States of America or any
other jurisdiction. This announcement is not for public release, publication or
distribution, directly or indirectly, in or into the United States (including
its territories and possessions, any state of the United States and the District
of Columbia), except to "qualified institutional buyers" ("QIBs") as defined in
Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities
Act"). This announcement does not constitute or form a part of any offer of, or
solicitation to purchase or subscribe for, any securities in the United States.
Any such securities have not been, and will not be, registered under the
Securities Act. Any such securities may not be offered or sold in the United
States, except that the securities may be offered for sale in the United States
to QIBs in reliance on the exemption from registration under Rule 144A. No
public offering of securities will be made in the United States or in any other
jurisdiction where such an offering is restricted or prohibited.

This announcement is directed only at persons (i) outside the United Kingdom