Aker BP ASA engages in the exploration, development, and production of oil and gas on the Norwegian Continental Shelf. As of December 31, 2017, it had working interests in 28 fields/projects containing estimated total net proven reserves of 692 million barrels of oil equivalents; and estimated total net proven plus probable reserves of 914 million barrels of oil equivalents. The company was formerly known as Det norske oljeselskap ASA and changed its name to Aker BP ASA in October 2016. Aker BP ASA was founded in 2001 and is headquartered in Fornebu, Norway.