ShippingWatch

WoodMackenzie: Johan Sverdrup is worth USD 11 bln

The low oil price has cut a significant slice from the value of the Johan Sverdrup field, which is estimated to be worth USD 11 billion. Yet the agreement on Friday between the partners in the field, including Statoil and Maersk Oil, is absolutely crucial.

Photo: Statoil

The Johan Sverdrup oil field, estimated to be the biggest field on the Norwegian Continental Shelf in 40 years, is crucial to all five partners, according to British analyst agency WoodMackenzie, which mainly performs commodity analyses.

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

Further reading

Related articles

Latest news

See all jobs