Thu, 15th Jul 2021 06:25
OSLO, July 15 (Reuters) - Norwegian independent oil and gas
firm Aker BP posted weaker-than-expected
second-quarter operating profits on Thursday, with production
costs rising due to lower volumes.
April-June earnings before interests and tax (EBIT) rose to
$614 million from $178.5 million a year-ago, while analysts
polled by Refinitiv on average had predicted a profit of $668
million.
(Reporting by Nerijus Adomaitis; editing by Victoria Klesty)
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BP (BP.)