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Aker BP ASA is a Norwegian oil exploration and production company operating primarily in the petroleum industry. The company's core business involves offshore oil and gas exploration, as well as the development and production of resources on the Norwegian Continental Shelf. Aker BP was formed in 2016 through the merger of Det Norske Oljeselskap ASA and BP Norge AS, combining strategic assets and expertise from two established players. Its headquarters are located in Lysaker, Norway. Aker BP leverages advanced technology and collaborative partnerships to optimize resource extraction and operational efficiency, contributing to its competitive positioning within the energy sector. The company holds interests in several key assets, including notable platforms such as Valhall and Johan Sverdrup.

Shell is an integrated energy company involved in the exploration, production, refining, and marketing of oil and natural gas, as well as the manufacturing and distribution of chemicals. The company operates across several segments, including upstream, integrated gas, downstream, and renewables and energy solutions. Founded in 1907, Shell is headquartered in The Hague, Netherlands, and operates in over 70 countries worldwide. Its strategic strengths include a diversified portfolio with significant investments in liquefied natural gas (LNG) and a growing focus on renewable energy and decarbonization efforts. The company's global presence and extensive supply chain network contribute to its significant competitive positioning in the energy sector.