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
23 April 2026
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
23 April 2026
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
23 April 2026
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya






