USD 120 million stands between Sverdrup partners

The dispute regarding one of the largest oil fields in decades, the Norwegian Johan Sverdrup field, with partners including Maersk Oil and Statoil, concerns approximately USD 120 million. Det norske oljeselskap, headed by billionaire Kjell Inge Røkke, feels cheated.

BY TOMAS KRISTIANSEN

Conflict has been brewing for a long time among the oil companies which constitute the consortium behind the giant field Johan Sverdrup. Now a sum has been put on how much money is concerned, writes the Norwegian newspaper Dagens Næringsliv.

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USD 120 million stands between Sverdrup partners

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Sverdrup partner appeals distribution of the Norwegian giant field

Maersk secures bigger share in Sverdrup field

Odfjell Drilling wins major contract for Sverdrup

Sign up for our newsletter

Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs