Abstract: A bearing arrangement which is to be used for supporting a rotatable shaft used in a system employing a pressurized medium at a pressure which is partially dependent on the speed of rotation of the shaft includes a main bearing sleeve mounted on a support and surrounding the shaft. The working medium is supplied between the shaft and the bearing sleeve to fully support the shaft in the bearing sleeve when the pressure of the working medium exceeds a predetermined value. The bearing arrangement further includes at least one, but possibly more than one, auxiliary bearing including a split bearing ring which has a conical outer circumferential surface and a stationary outer bearing ring surrounding the split bearing ring and having a conical inner ramp surface.