Equinor ASA EQNR, a Norwegian integrated energy company, announced that it has approved an investment of $1.29 billion (13 billion NOK) for the Johan Sverdrup field in the Norwegian Sea. The company, ...

"Equinor invests $1.2bn in Johan Sverdrup’s third phase to boost recovery" was originally created and published by Offshore ...

The newly sanctioned project aims to increase recoverable volumes at the oil field offshore Norway by 40-50 MMboe through the ...

Equinor and its partners agreed on a NOK-13 billion investment to proceed with the third phase of Johan Sverdrup to increase recoverable volumes from the North Sea field by 40-50 million boe.

The project includes new subsea infrastructure that will increase recoverable volumes by 40 – 50 million bbl of oil ...

Norway's Equinor and its partners have approved a 13 billion Norwegian crown ($1.29 billion) investment for the expansion of ...

TechnipFMC has secured a large integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract from Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North ...

TechnipFMC plc FTI has been awarded a significant contract by Equinor EQNR for the Johan Sverdrup Phase 3 development in the Norwegian North Sea. This integrated Engineering, Procurement ...

TechnipFMC plc FTI has been awarded a significant contract by Equinor EQNR for the Johan Sverdrup Phase 3 development in the Norwegian North Sea. This integrated Engineering, Procurement, Construction ...

Per the agreement, the partners in the Johan Sverdrup field can seek redetermination of their stakes on the basis of data about production and reservoirs at the giant oilfield. Currently, these ...

Equinor operates the field with a 42.6% interest. At the plateau, the Johan Sverdrup field will produce 720,000 barrels of oil per day, with a target to rise to 755,000 barrels per day.