Norwegian energy company Equinor has announced the start of production for Phase 2 of its giant Johan Sverdrup oil field development in the North Sea. “The entire Johan Sverdrup field…
https://gcaptain.com/norways-giant-johan-sverdrup-oil-field-now-fully-on-stream/
Oil from the giant Johan Sverdrup field in the North Sea has arrived at the Mongstad plant north of Bergen. The event is being celebrated at the plant.
“This is a great day for Equinor and the Johan Sverdrup partnership, consisting of Lundin Norway, Petoro, Aker BP and Total. First oil to Mongstad only a few days after production start confirms that the field is producing well. This day also marks the start of a new phase as we prepare to bring Johan Sverdrup oil to the international market,”...
By Bloomberg News (Bloomberg) –Norway’s new oil grade is making inroads in Asia, threatening to undermine sales of similar crudes from Africa and South America. China’s Unipec, at least one of the nation’s independent refiners and South Korea’s Hyundai Oilbank Co. have bought Johan Sverdrup for...
The first oil pumped from the giant Johan Sverdrup field in the North Sea has reached Mongstad, Norway where it will be prepared for shipping to markets around the world. The first cargo of around one million barrels is expected to leave for customers in Asia this week. The cargo has market value...
By Mikael Holter (Bloomberg) –The timing of Norway’s biggest oil project in decades is a bit awkward. Equinor ASA kicked off its massive Johan Sverdrup field, a rare mega-project in the aging North Sea, at a moment where the pressure on the oil industry and governments to act against the climate...
Norwegian energy company Equinor has brought the giant Johan Sverdrup field on stream more than two months ahead schedule. Sanctioned in 2015, Johan Sverdrup is the largest development on the Norwegian Continental Shelf in three decades. Johan Sverdrup has expected recoverable reserves of 2.7...
Equinor and its partners are preparing for the production start from the world-class Johan Sverdrup field already in October this year, one month ahead of schedule. Equinor also presents updated operating costs and strong cash flow estimates for the initial year of production.
The Johan Sverdrup development continues to progress well through the final stages of preparation for operations. As a result, Equinor and its partners Lundin Norway, Petoro, Aker BP and Total, are accelerating the planned...
By Timothy Abington and Mikael Holter (Bloomberg) –The rise of a huge new Norwegian oil field is poised to give North Sea output one of its biggest boosts in years. The surge won’t last. Johan Sverdrup, one of the five largest offshore oil fields ever discovered in Norway, has been given the green...
The Norwegian Petroleum Directorate has granted its approval for the start-up of the Johan Sverdrup field in the North Sea. With expected recoverable resources of between 2.1 and 3.1 billion barrels of oil equivalent, the Johan Sverdrup field development is one of the five biggest oil fields on the...
A new offshore lifting world record has been set with the installation of the final topsides in first phase of the Johan Sverdrup field development project in the North Sea. The final two platform topsides were installed using none other than the heavy lift vessel Pioneering Spirit, which installed...