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4-Traders Homepage  >  Equities  >  Oslo Bors  >  Aker BP    AKERBP   NO0010345853

AKER BP (AKERBP)
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Delayed Quote. Delayed  - 04/20 04:25:17 pm
250 NOK   -0.56%
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Norway's oil industry to boost staffing in coming years - energy minister

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01/09/2018 | 11:59am CEST
Norwegian oil company's Statoil headquarters in Fornebu

OSLO (Reuters) - Norwegian oil companies and their suppliers will hire more people in the coming years as the industry recovers from a slump and the price of crude rises, Norway's Minister of Petroleum and Energy Terje Soeviknes told Reuters on Tuesday.

"All evidence points to a significant increase in employment in the oil industry," Soeviknes said on the sidelines of a conference.

In late 2017, oil firms presented new field development plans that will trigger billions of dollars of investment, and more plans are on the way in 2018.

He still cautioned however that significant automation and productivity enhancements could limit the jobs growth.

"It's hard to imagine that all the 50,000 jobs that disappeared during the industry's downturn will be brought back," Soeviknes said.

(Reporting by Joachim Dagenborg, editing by Terje Solsvik)

Stocks mentioned in the article
ChangeLast1st jan.
AKER SOLUTIONS -2.20% 48.49 Delayed Quote.4.98%
LUNDIN PETROLEUM -0.79% 237.8 Delayed Quote.26.62%
SOLSTAD FARSTAD ASA 0.17% 5.99 Delayed Quote.-0.83%
STATOIL -1.00% 198.7 Delayed Quote.13.41%
SUBSEA 7 -0.78% 114.85 Delayed Quote.-6.63%
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Latest news on AKER BP
04/20AKER BP : Cairn Energy PLC - Raudasen update
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04/19CAIRN ENERGY : North Sea well setback for Cairn
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04/18NPD : Dry Well Southwest of the Knarr Field in the North Sea 34/2-5 S
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04/17AKER BP : Dry well southwest of the Knarr field in the North Sea 34/2-5 S
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04/17AKERBP : First quarter 2018 production
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Financials ($)
Sales 2018 3 353 M
EBIT 2018 1 605 M
Net income 2018 456 M
Debt 2018 1 899 M
Yield 2018 3,84%
P/E ratio 2018 23,82
P/E ratio 2019 23,35
EV / Sales 2018 4,01x
EV / Sales 2019 4,18x
Capitalization 11 556 M
Chart AKER BP
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Aker BP Technical Analysis Chart | AKERBP | NO0010345853 | 4-Traders
Technical analysis trends AKER BP
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 30,4 $
Spread / Average Target -5,0%
EPS Revisions
Managers
NameTitle
Karl Johnny Hersvik Chief Executive Officer
Øyvind Eriksen Chairman
Eldar Larsen Senior Vice President-Operations
Alexander Lorentzen Krane Chief Financial Officer
Bernard Looney Director
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