TotalEnergies and Aker BP Seek Higher Stakes in Johan Sverdrup Oilfield ...Middle East

Aker BP and TotalEnergies, equity partners in Western Europe’s biggest producing oilfield, Johan Sverdrup, have asked for an independent review of their interests that could ultimately give them higher stakes in the Equinor-operated field. “TotalEnergies used an option to call for a redetermination process,” Karl Johnny Hersvik, chief executive of Aker BP, said on Wednesday, as quoted by Reuters. Aker BP supported TotalEnergies’s move to ask for a redetermination of the stakes, Hersvik added. Per the agreement, the partners…

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