Statoil expects giant profit from Johan Sverdrup

There are colossal expectations for the Johan Sverdrup field, in which Maersk Oil is one of the partners. The profit could amount to more than USD 198 billion, according to Statoil.
Photo: Harald Pettersen - Statoil
Photo: Harald Pettersen - Statoil
BY TOMAS KRISTIANSEN

A few days after the surprisingly poor 3rd quarter result from Statoil, the Norwegian oil giant points to the prospects of an immensely profitable project once the establishment, and then operation, of the giant Johan Sverdrup field commences.

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