Norway's Johan Sverdrup plan sparks licence dispute
Participants in the vast Johan Sverdrup oilfield have submitted a development plan - but are in dispute over ownership interests
Statoil and partners in the Johan Sverdrup field - one of Norway's largest discoveries - met their target of submitting a plan for development and operation (PDO) in February, but have asked the ministry of petroleum to settle an extraordinary dispute over the field's unitisation. At stake is the distribution of production revenues estimated to total $180 billion over 50 years, and the sharing of up to $29bn of development costs. The dispute sets Norway's Det Norske Oljeselskap - a small Trondheim-based company, with a production of 63,000 barrels of oil equivalent a day (boe/d) - against heavyweights Statoil and Lundin, the companies which drilled the two Johan Sverdrup discovery wells, in
Also in this section
16 April 2026
Demand for oil is falling because supply cannot meet it, not because it is no longer required
16 April 2026
The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away
15 April 2026
The continent is seeing political pushback to climate plans, corporate reassessment of transition goals and rising supply risk in a fractured global order
15 April 2026
The Middle East energy crisis may turn out to be pivotal to the industry’s long-term expansion, but significant challenges still stand in its way






