Johan Sverdrup Field Center illusration. Photo: Equinor
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 Norwegian continental shelf and one of the most important industrial projects underway in Norway.
Johan Sverdrup field operator Equinor is planning to start production of Phase 1 sometime this fall with daily production capacity of 440,000 barrels per day. Phase 1 consists of a field center comprising four individual units, including an accommodation platform, a process platform, a drilling platform and a riser platform, all linked by bridges.
Start-up of phase 2 is estimated in Q4 2022 and will help production reach 660,000 barrels daily at its peak.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 110,492 members that receive our newsletter.
Have a news tip? Let us know.
Norway’s world-leading test center, METCentre, has signed contracts with three companies to test innovative floating offshore wind technology, hoping to reduce costs and advance the development in the nascent renewables...
Exxon Mobil Corporation (NYSE: XOM) has securing the largest offshore carbon dioxide (CO2) storage lease in U.S. history. The Texas General Land Office (GLO) awarded ExxonMobil the lease covering approximately...
Norwegian offshore service provider Viking Supply Ships has made a significant move to enhance its fleet’s capabilities in the subsea sector. The company on Monday announced securing a contract for...
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign Up
Maritime and offshore news trusted by our 110,492 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
