Aker BP ASA (the "Company") is pleased to announce that it has priced its
offering (the "Offering") of $1,000 million aggregate principal amount of 5.250%
Senior Notes due 2035 (the "Notes") at a price equal to 99.531% of the aggregate
principal amount thereof. Interest will be payable semi-annually.

The Company intends to use the net proceeds of the Offering for general
corporate purposes.

The Offering is expected to close on or about October 30, 2025, subject to
customary conditions precedent for similar transactions. In connection with the
Offering, the initial purchasers may engage in stabilizing transactions with a
view to supporting the market price of the Notes at a level higher than that
which might otherwise prevail. Any stabilization action must be conducted in
accordance with all applicable laws and rules.

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