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Read all the latest news about Johan Sverdrup. ShippingWatch gives you independent, credible, critical and fair news.

Oil from Johan Sverdrup now even cheaper

According to Aker BP, development of the major Johan Sverdrup oil field, which counts partners such as Statoil and Maersk Oil, has become even cheaper, thus pushing the break-even price for a barrel of oil down below USD 20 in the first phase.

Aker BP launches comprehensive new strategy

Newly established oil and gas giant Aker BP wants to be the biggest on the Norwegian shelf when it comes to exploring for new oil. Meanwhile, shareholders have been promised annual dividends of USD 250 million, which will be increased when Johan Sverdrup begins production.

Norway has made this much on oil after 50 years

Although the oil price is at rock bottom, Norway is currently celebrating the country's 50th anniversary for the oil adventure which since 1966 has made the Norwegian population one of the most affluent in the world. Read here how much the North Sea's black gold has raised in five decades.

Statoil-chef: Sverdrup er et sjældent lyspunkt

I en på samme tid ydmyg og optimistisk tone åbnede Statoils CEO, Eldar Sætre, for dette års store offshorekonference, ONS 2016. Han opfordrer til øget samarbejde i industrien og konkluderer, at fremtidens energi er mere miljøvenlig, end olie er i dag.

Statoil expands ownership stake in Sverdrup-partner

The Norwegian oil major has made a deal with competitor Lundin to sell a stake in the Edvard Grief field in return for an increased ownership stake in the Swedish oil company. The Lundin family has in the past flat-out rejected sales to Statoil.

Oil price throws Lundin into huge loss

Lundin Petroleum, which is a partner on the Sverdrup field, was hard hit by the plummeting oil price in 2015, and a significant impairment also contributed to the Swedish oil company virtually doubling its deficit.

Statoil buys large stake in Lundin Petroleum

Statoil has bought a stake in competitor Lundin Petroleum, in which the Norwegian oil major now owns 11.93 percent of the shares. The move will increase Statoil's exposure to core activities on the Norwegian Shelf, including the giant Sverdrup field.

Johan Sverdrup partners maintain their stakes

A royal resolution has marked the end of the discussion regarding the distribution of ownership stakes in the Jhuge ohan Sverdrup field in the North Sea, informs the Norwegian Ministry of Petroleum and Energy.

Alfa Laval bags Sverdrup order

Alfa Laval subsidiary Framo is now also getting a bite of oil field Johan Sverdrup, which has in recent months been awarding orders to the subcontracting industry.

Aibel lands another Sverdrup contract

Norwegian subcontractor Aibel has won another order from major oil field Johan Sverdrup. The company has already been rewarded a previous order worth around USD 988 million.

Statoil cuts billion from Sverdrup field budget

First stage development of the massive Johan Sverdrup field looks set be around a billion dollars cheaper than first projected, according to a new investment estimate published by the field's operator, Statoil.

Oliekrise udløser op mod 260 fyringer i ABB

Stramme tider i særligt olie- og gassektoren får nu den svensk-schweiziske elektronikkæmpe ABB til at varsle afskedigelser af op til 260 ansatte, skriver det norske medie Sysla.

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