Aker BP Closes Hess Norge Deal at $2 Billion
Norwegian Aker BP (ticker: AKERBP) and Hess Corporation (ticker: HES) have completed the previously announced sale of Hess Norge to Aker BP for $2 billion, effective January 1, 2017. Hess Norge owns interests in the Valhall (64.05%) and Hod (62.5%) fields in Norway. The two fields are producing a net 24 MBOEPD. Aker said that the two plays had a