Samsung has just landed one of the big contracts from Statoil on behalf of the big Johan Sverdrup project. The Korean supplier will build decks for two platforms for a total of USD 890 million.
BY DANIEL LOGAN BERG-MUNCH
On behalf of the partners in the giant Johan Sverdrup project in the North Sea, Statoil has selected Samsung to be the supplier of decks for two platforms in the large oil field, according to a statement from Statoil Tuesday.
On Dec. 5, all Russian crude oil will be banned in the EU. But oil from the warring country will still flow into the world market, and both the EU embargo and price cap can be circumvented, predicts sanctions lawyer.