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...

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....

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...

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...

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 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...

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 28,100-ton topside for the Johan Sverdrup processing platform has departed the Samsung Heavy Industries in Geoje, South Korea bound aboard the Boskalis Vanguard, the world’s largest heavy-transport vessel. The topside, which...

By Mikael Holter (Bloomberg) — Right before Norway’s biggest oil project in decades got the go-ahead in 2015, crude prices fell off a cliff. That turned out to be perfect timing. The...

The 22,000-tonne topside for the drilling platform was lifted into position in one single lift on the Johan Sverdrup field over the weekend using the engineering marvel Pioneering Spirit. The installation...

The drilling topside for the giant Johan Sverdrup field has left the shipyard in Haugesund, Norway to meet up with the heavy lift ship Pioneering Spirit for its installation in...

The final module of the Johan Sverdrup riser platform was lifted into place by the heavy lift vessel Thialf. With the installation, the first of four topsides making up the...

The giant jacket for the Johan Sverdrup riser platform was installed last week by the Thialf crane vessel owned by Heerema Marine Contractors (HMC) – the first visible sign of...

OSLO, March 21 (Reuters) – Statoil confirmed on Tuesday its cost estimate for developing Norway’s Johan Sverdrup oilfield, the largest North Sea discovery in decades, and announced contract awards for...

By Jonas Cho Walsgard and Mikael Holter (Bloomberg) — Statoil ASA lowered development costs for the start-up at its giant Johan Sverdrup oilfield by $2.9 billion and raised the estimated...

Norwegian oil major Statoil has announced the start of construction on the first of four topside units for the giant Johan Sverdrup oil field offshore Norway. The steel cutting ceremony...

Aker Solutions will perform a concept study on a new processing platform for future phases of Johan Sverdrup field in Norway’s North Sea. Under the study, being carried out under...

  OSLO, Sept 25 (Reuters) – Statoil has cut the initial costs of developing one of Norway’s biggest industrial projects, the Johan Sverdrup oilfield in the North Sea, by 7...

  OSLO, Aug 21 (Reuters) – Operator Statoil and its partners have been given the formal approval to develop the first phase of their giant Johan Sverdrup oil field off...

By Mikael Holter (Bloomberg) — No one can accuse the Norwegian government of being greedy when it last week decided on the ownership stakes in the giant Johan Sverdrup oil...