Lysaker, 24 September 2024. Aker BP ASA (the "Company") announced today that it
has launched a multi-tranche offering (the "Offering") of U.S. Dollar
-denominated Rule 144A/Regulation S senior unsecured notes (the "Notes"). The
interest rate, offering price and certain other terms will be determined at the
time of pricing of the Notes, subject to market conditions.

Concurrently with the Offering, the Company is also making an offer to purchase
for cash any and all of its outstanding (i) 3.000% Senior Notes due 2025, (ii)
2.875% Senior Notes due 2026 and (iii) 2.000% Senior Notes due 2026 (the "Tender
Offers" and each, a "Tender Offer"), in each case as validly tendered and
accepted for purchase. Consummation of the Tender Offers are subject to the
satisfaction of certain conditions, including, without limitation, the pricing
of no less than $500.0 million in aggregate principal amount of the Offering.
The Company reserves the right, subject to applicable law, to (i) waive any and
all conditions to any or all of the Tender Offers, (ii) extend or terminate any
of the Tender Offers or (iii) otherwise amend any of the Tender Offers in any
respect.

The Company intends to use the net proceeds of the Offering for general
corporate purposes and to pay the consideration for the Tender Offers. There can
be no assurance that the financing transactions will be completed.

For further information, please contact:

Kjetil Bakken, VP Investor Relations, tel.: +47 918 89 889

John Ole Hægeland, VP Corporate Finance, tel.: +47 906 06 169

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