TotalEnergies and Aker BP have initiated an independent review to potentially increase their stakes in Equinor's Johan Sverdrup oilfield, considered to be the largest producing field in the North Sea.
Equinor said that as the Sverdrup operator, it was running the redetermination process in accordance with regulations. Hersvik said he expected the process to last about 12 to 18 months.
“I'm not going to speculate on the results of such a process, but obviously we wouldn't have done that if we didn't expect a positive change.” Johan Sverdrup, the biggest producing oil field ...
CEO Karl Hersvik highlighted Aker BP’s outstanding operational performance in Q4 2024, with production reaching 449,000 barrels per day, driven by key assets like Johan Sverdrup and Valhall.
OSLO, Feb 12 (Reuters) - TotalEnergies and Aker BP are seeking an independent review of their stakes in Equinor's Johan ... as the Sverdrup operator, it was running the redetermination process ...
OSLO: TotalEnergies and Aker BP are seeking an independent review of their stakes in Equinor’s Johan Sverdrup oilfield ... to call for a redetermination process,” Aker BP CEO Karl Johnny ...
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