At a time when oil prices are rebounding, energy demand increasing, and sustainable energy simultaneously experiencing explosive growth, Aker is finding itself positioned for bilateral value creation. Aker Horizons and Aker BP are driving Aker’s growth during the first quarter. While addressing different energy segments, they have a shared competitive advantage: creating value in the most cost-efficient, sustainable manner, driven by industrial software and access to excellent industrial capabilities. For Aker, the result is a period with a value growth of nearly 17 percent.

Looking back on 2020, with all its surprises and challenges, it also turned out to be a year of opportunity in ways we could hardly have imagined as we entered into the decade. I am deeply imporessed by how Aker's portfolio companies, with employees, business partners and customers, weathered the storms and came toghether in an unparalleled effort. It turned into an extraordinary endeavour that led to a transformation of the Aker group through the most challenging times in recent memory. The year left us with learnings on which to build and drive further value creation in both existing and new parts of the Aker portfolio.

Last year, I wrote that environmental, social and governance (ESG) considerations are core premises for our business and investment decisions. The last twelve months put that statement to the test.

It has been quite a quarter, quite a year, and quite a start to a new one.

Aker’s President & CEO shares a few highlights from the third quarter 2020 results presentation.

Watch video to follow panel discussion with BP's CEO Bernard Looney, deputy CEO Aramco's Ahmad Al-Sa'adi, and CEO and President Øyvind Eriksen.