Johan Sverdrup Startup Approved
Equinor received permission to start production at its Johan Sverdrup field this fall. The Norwegian Petroleum Directorate said on Monday (2 September) that the field, which holds between 2 and 3 billion recoverable boe and will account for approximately 40% of Norwegian oil production at its peak, could begin oil shipments in October, earlier than previously expected.
Back in July, co-owner Lundin Petroleum said in its 2Q 2019 report that Phase 1 of the megaproject was more than 90% complete, with the hookup and commissioning of installed facilities progressing as planned. The main installation activities for Phase 1 comprised four jackets and topsides, three subsea water injection templates, oil and gas export pipelines, and power supply from shore. Phase 2 of the project will involve a second processing platform bridge linked to the Phase 1 field center and subsea facilities to allow for the tie-in of additional wells to access three satellite areas of the field. First oil for Phase 2 is expected in the fourth quarter of 2022.
Norwegian authorities approved the plan for the development and operation (PDO) for Phase 2 in May, at the same time that construction began on the field’s second processing platform.
Last week, Equinor announced it had completed a previously announced sale of its stake in Lundin Petroleum, a co-owner of Johan Sverdrup. As part of the deal, Equinor paid $910 million to acquire an additional 2.6% ownership share in the field from Lundin.
First Oil From Johan Sverdrup Delivered to Mongstad Plant
Equinor, the operator of the Johan Sverdrup field, said that Mongstad will receive more than 30% of the total oil from the Norwegian Continental Shelf when the field is operating at full capacity.
Production Starts From Johan Sverdrup
Phase 1 of the North Sea megaproject—Norway’s largest offshore development since the 1980s—has come on stream. Johan Sverdrup is expected to produce 660,000 BOPD at its peak.
Norway Approves Valhall West Flank Startup for Aker
Aker BP expects the unmanned facility, a further development of the Valhall field in the Norwegian North Sea, to recover 60 million BOE. Startup is expected sometime this fall.
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08 October 2019
09 October 2019
11 October 2019
11 October 2019