Statoil makes new oil discovery in the Sverdrup area

Statoil has made a new massive oil discovery in the Johan Sverdrup area, says the company on Monday. Maersk Oil owns 20 percent of the giant Johan Sverdrup oil field.

Photo: Øyvind Hagen/Statoil

Statoil has made a new oil discovery in Utsira High, in the North Sea, along with partners Petroro, Det norske oljeselskap, and Lundin, says Statoil in a press release on Monday.

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

CMA CGM expects sharp decline in freight rates

The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter.

Related articles

Latest news

See all jobs