July 12 (Reuters) - Norwegian oil company Aker BP (AKRBP.OL) New Tab, opens new tab, which is partly owned by BP (BP.L) New Tab, opens new tab, reported on Friday a lower-than-expected profit for the second quarter and reiterated a recently increased full-year output forecast.

Profit before interest and tax rose to $2.30 billion from $2.26 billion a year earlier, against a $2.36 billion forecast in a poll of analysts compiled by Aker BP.

The company reiterated its production forecast raised in a trading update on July 3 at 420-440 thousand barrels of oil equivalent per day (mboepd), against previous guidance of 410-440 mboepd. Second-quarter output was 444,1 mboepd.

It said all field development projects progressed as planned in the quarter.

(This story has been corrected to say that the company reiterates its output guidance, instead of raises, in the headline and in paragraphs 1 and 3)

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https://www.reuters.com/business/energy/aker-bps-q2-profit-rises-less-than-expected-cuts-output-forecast-2024-07-12/