Equinor announced that by the end of 2020, the Johan Sverdrup field would increase production capacity by 500,000 bpd.
The latest production capacity will bring the total to around 60,000 barrels more than the ‘original basis’ when the field came online.
When started production last year, the field has an estimated output capacity of 440,000 bpd.
Equinor Norway development and production senior vice-president Jez Averty said, “Johan Sverdrup is a field with high profitability, low CO₂ emissions low operating costs, providing revenue for the companies and Norwegian society, even in periods with low prices. Therefore, a production rise is great news.”
