Norway: NCP finds Aker BP failed to uphold human rights standards in Lundin acquisition
"Aker BP disregarded victims of war crimes", 18 June 2025.
An expert panel appointed by the Norwegian government concluded on 18 June that Aker BP failed to uphold human rights standards. The expert panel, the Norwegian National Contact Point (NCP), found that the company ignored the rights of victims of war crimes in 2022 when it absorbed the Norwegian oil assets of Lundin Energy. A group of South Sudanese and European organisations had complained that Aker BP’s $11 billion acquisition had reduced Lundin Energy to a size that it could no longer compensate 160.000+ victims of war crimes in South Sudan between 1997-2003. Lundin Energy, that has been renamed Orrön Energy, is currently in court in Sweden...
The ruling by the Norwegian NCP sets the standard for mergers and acquisitions in OECD member countries: it determines that impacts on human rights must be taken into account. Aker BP had argued that it has nothing to do with Lundin Energy’s alleged crimes in South Sudan because it acquired a Norwegian legal entity that was not linked to them. It is now decided that all potential impacts of mergers and acquisitions on human rights must be accounted for.
The ruling keeps a window open for justice for the victims. It recommends that Aker BP retroactively carries out human rights due diligence on the transaction, including engaging with stakeholders and “…putting in place possible mitigating or remedial actions.” Aker BP can potentially be held responsible for damages that it is linked to through the acquisition of Lundin’s valuable assets...
The NCP calls upon Aker BP “to engage with Orrön Energy’s main owners to facilitate a process where possible remedial actions are explored”. The Lundin family, whose head, Ian Lundin, is presently in court in Sweden for complicity in war crimes, owns 1/3 of Orrön Energy. The company’s traditional major shareholders like Handelsbanken, SEB, AP4, Blackrock, and Nordea, may have something to answer for. The ruling also raises questions about Aker BP’s main owners, including the British oil major bp, who endorsed the transaction despite having been warned against its human rights implications...
The victims trust that Aker BP will respect the recommendations of the Government expert panel and cooperate with them to achieve their right to remedy and reparation.