Equinor Starts Up Arctic Oilfield Johan Castberg

Following several months of delays due to inclement winter weather in the waters in Norway’s Arctic, Equinor started up the Johan Castberg oilfield on Monday, which will add 220,000 barrels of oil per day at peak production rates. Equinor has already delayed the start-up twice, in December and in early March, due to bad weather. As Norway’s newest oilfield, Johan Castberg in the Barents Sea, is now on stream, it will produce crude for 30 years, boost Norway’s oil exports, and bolster the role of Western Europe’s biggest…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com