DRILLING

Johan Sverdrup immune to capex cuts: Woodmac

STATOIL'S Johan Sverdrup field will be immune to capex cuts due to its crowning importance to all involved, according to analyst Wood Mackenzie.

Andrew Snelling

Johan Sverdrup immune to capex cuts: Woodmac

The $US31 billion ($A39.9 billion) project is the largest project to be sanctioned globally this year and will supply 25% of Norwegian production by 2025, boosting the country's coffers by $40 billion...

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