Offshore

Sverdrup field not in danger of Statoil budget cuts

Despite rumors in the market that Statoil would postpone investments in the Norwegian Johan Sverdrup field, the company makes it clear in today's annual report that it will stick to the plan.
Photo: Statoil
Photo: Statoil
BY SØREN SPRINGBORG, ENERGIWATCH

Statoil will present a development plan for the Johan Sverdrup field later this month - and the company will stick to the timetable for the giant Norwegian oil project.

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