Bad Weather Delays Equinor’s Arctic Oilfield Startup to Early 2025 ...Middle East

OILPRICE - Economy
Bad Weather Delays Equinor’s Arctic Oilfield Startup to Early 2025
source : OILPRICE ( Middle East ) () 68
The start-up of the Johan Castberg in the Barents Sea in the Arctic has been postponed to January or February 2025 from an initial launch date by the end of this year, due to bad weather conditions, Norwegian energy major Equinor said on Tuesday. Johan Castberg, a large field in the Barents Sea, has estimated recoverable volumes of between 450 and 650 million barrels of crude oil. The resource base for developing the Johan Castberg field consists of the three oil discoveries: Skrugard, Havis, and Drivis. The field will produce for 30 years, and…

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