Trump Seeks Sanctions On European Subsea Gas Pipeline
By Andrea Shalal (Reuters) – The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and...
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.
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