09/02/2015at 11:48

Johan Sverdrup can withstand extremely low oil price

The mega-field Johan Sverdrup, which includes Statoil and Maersk Oil, will be profitable even with very low oil prices, says Statoil, as the company puts numbers on the pain threshold for the big investment for the first tiime.

BY TOMAS KRISTIANSEN

For the first time, Statoil has released a number that shows how far oil prices can drop without threatening the profitability of the large Johan Sverdrup field, whose partners include Maersk Oil.

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