OPERATIONS

Johan Sverdrup hits peak production early

EQUINOR said yesterday it expects peak production from its huge North Sea Johan Sverdrup oil field to come earlier than expected and it will be running at 470,000 barrels per day by early May, 30,000bopd higher than planned.

Helen Clark

Production ramps up early at Johan Sverdrup

It comes as the oil price tumbles to its lowest point in decades with Brent at just over US$23.20 per barrel today. Despite demand destruction and historically low oil prices Equinor believes the...

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