ShippingWatch

Investment plan for Sverdrup field could miss deadline

Another delay could be underway in the development of the giant Johan Sverdrup oil field. The partners in the field, including Statoil and Maersk Oil, disagree about the investment plan.

Photo: Statoil

Yet another delay could be underway in the development process of the giant Johan Sverdrup field.

The partners in the field, including Statoil and Maersk Oil, were scheduled to submit a development plan for the major oil field off the coast of Norway on Friday, February 13th. But there is no guarantee that the parties will reach agreement before that, reports Norwegian newspaper Dagens Næringsliv citing Margareth Øvrum, one of Statoil's vice presidents.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

CBS launches board program for the shipping industry

Supported by a number of high-profile names from the global shipping industry, CBS’s new Blue Board Leadership Programme’s first module is already half full. The faculty team includes BW Group Chairman Andreas Sohmen-Pao.

Further reading

Related articles

Latest news

See all jobs