ShippingWatch

Equinor unexpectedly ups Johan Sverdrup output

The giant field is set to produce around 500,000 barrels per day before year's end and exceed prior forecasts, the Norwegian oil firm says.

At major field Johan Sverdrup more than 140 kilometers west of Stavanger, Equinor will now put out 500,000 million bpd. | Photo: PR / Equinor

Equinor reports that the company is ready to increase production at the Johan Sverdrup field by around 30,000 barrels per day, so the field will produce just over 500,000 bpd prior to New Year's, the Norwegian oil firm writes in a press release.

Tests run in November have confirmed the facility has the capacity to increase its output. As such, the next production increase can now start at the field, which opened almost a year ago.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

OECD downgrades growth forecast for global economy

The global economy is still growing, though it's losing momentum, according to the latest growth estimate of the OECD's Economic Outlook. Bottlenecks in the shipping sector and elsewhere as well as pressure on supply chains have contributed to rising inflation.

Further reading

Related articles

Latest news

See all jobs