EnergyWatch

Aker BP weighed down by 96 percent tax

Despite a setback on both the top and bottom line in the first quarter, oil company Aker BP reports a result of almost USD 250 million. After taxes, though, there is not much left.

Photo: PR-foto: Statoil

Norwegian oil company Aker BP reports a result of USD 249 million before taxes in the first quarter of the year, according to the company's quarterly report published on Friday.

A quarterly revenue of USD 836 million yielded an operating profit (EBIT) of USD 287 million for the company.

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