The offers were for notes due 2025 and 2026

Davis Polk advised the dealer managers in connection with cash tender offers by Aker BP ASA for any and all of its outstanding 3.000% senior notes due 2025, 2.875% senior notes due 2026 and 2.000% senior notes due 2026.

Aker BP ASA is a company engaged in exploration, field development and production of oil and gas on the Norwegian continental shelf. Measured in production, it is one of the largest independent oil companies in Europe. The company operates the field centers Alvheim, Edvard Gried, Ivar Aasen, Skarv, Ula and Valhall, and is a partner in the Johan Sverdrup field. The company is headquartered at Fornebu, Norway, and is listed on the Oslo Stock Exchange.

The Davis Polk corporate team included partner Reuven B. Young and associates Serdar Inci and Majd Atalla. Counsel Alon Gurfinkel and associate Valentin Van de Walle provided U.S. tax advice. European counsel John Taylor provided U.K. law advice. All members of the Davis Polk team are based in the London office.

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