– There are great values to be distributed, and we have not been able to agree with the other partners. The resources are not allocated on the basis of value, which we believe is a crucial principle, says communications director of the Norwegian oil company Rolf Jarle Brøske NRK.
Today presented operator Statoil and Lundin Norway , Maersk Oil and the Norwegian oil company plan for development and operation (PDO) for Johan Sverdrup for Petroleum and Energy Tord Lien.
A few days ago arguing oil companies on how billion values to be distributed, and they are still not agreed. Therefore signed not The Norwegian so-called Unitisation Agreement today.
MPE will determine the distribution
Now therefore MPE determine how much the various partners to get. The decision is clear of Statoil’s proposal 40 percent to Statoil, 22 percent to Lundin Norway, 18 percent to Petoro, 12 percent to the Norwegian oil company and 8 percent to Maersk Oil.
– I is very pleased that all five companies have now signed on PDO and send it to us. I am also pleased that four out of five behind Unitisation Agreement. They have asked us to do the final clarification, and we shall do so, says Minister Tord Lien NRK.
– I do not want to speculate why this is not gone okay. Four out of five partners agree, one partner has a different view. I have respect for, and take note, says Statoil chief EDAR Saetre about the case.
– As comparing Toten with Vestkanten
Yesterday The Norwegian oil company out the video above on its website to explain why they believe distribution is unfair. They compare pure volume distribution with valuing a house on Eastern Toten with an equally big house on Oslo’s westside.
– For The Norwegian has always been a crucial principle that the stakes in Johan Sverdrup will distributed based on a combination of volume and value. When it was not possible to reach agreement with the partnership of this, we can not sign a deal, says CEO of the Norwegian Karl Johnny Hersvik.
VIDEO (02/08/15): Negotiations on Sverdrup has been in deadlock . These five companies are arguing about dollars worth what is being described as the largest industrial project in Norwegian history.
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