Newly formed Aker BP beats third-quarter earnings forecast, sets dividend

Norwegian oil firm Aker BP reported inaugural earnings ahead of analysts' expectations for the third quarter on Monday and said it would initially pay a dividend of at least $250 million (205 million pounds) per year. Formed in September through the combination of BP's Norwegian unit and Det norske oljeselskap, a firm controlled by investment firm Aker ASA , the new entity is owned 30 percent by BP and 40 percent by Aker. "The integration process continues to be on track," Aker BP said in a stat