Equinor delays start-up of Johan Castberg oilfield

Equinor postpones start of Arctic Castberg oilfield to early 2025
Norway's Equinor said on Tuesday that the startup of its Arctic Johan Castberg oilfield has been postponed to January or February from the end of 2024 due to adverse weather conditions in the Barents Sea.
Equinor delays start-up of Johan Castberg oilfield to early 2025
Equinor's Johan Castberg oilfield start-up postponed to January or February 2025 due to bad weather in the Barents Sea.
Bad Weather Delays Equinor’s Arctic Oilfield Startup to Early 2025
The startup of the Johan Castberg oil field in the Barents Sea has been delayed to January or February 2025 due to bad weather conditions.
First production from Equinor’s Johan Castberg FPSO pushed back to early 2025
The operator Equinor and project partner Vaar Energi confirmed this on Tuesday and noted that first production has been pushed back until early next year “due to adverse weather conditions in the Barents Sea during the final stage of commissioning and start-up”, said Vaar.
Equinor's Start-Up of Johan Castberg Oil Field Delayed by Bad Weather
The Norwegian energy major had planned to start up Johan Castberg during the fourth quarter of this year but said operations will now come on stream in January or February next year. The Johan Castberg field in the Barents Sea holds estimated recoverable resources of 450 million to 650 million barrels of oil equivalent and is expected to produce for 30 years.
Johan Castberg field to start production in early 2025
The operational lifespan of the field, situated approximately 100km north of the Snøhvit field, is projected 30 years.
Equinor Delays Arctic Oilfield Startup to Early 2025
Equinor ASA EQNR announced a delay in the start-up of its Johan Castberg oilfield in the Barents Sea, pushing the timeline to January or February 2025 due to adverse weather conditions. Originally scheduled to commence operations by the end of 2024,

BP, Equinor and TotalEnergies

Equinor completes Nigeria, Azerbaijan asset sales of up to $2 billion
Equinor has closed the planned sale of its assets in Nigeria and Azerbaijan for a total consideration of up to $2 billion, ...
Shell, Equinor announce joint venture to become Britain's largest independent oil, gas venture
Petroleum giant Shell announced a plan to create a jointly owned energy company with Norway's Equinor on Thursday to build ...
Equinor Wraps Up $2 Billion Asset Sale, Streamlining Global Oil And Gas Portfolio
Equinor exits Azerbaijan and Nigeria, realizing up to $2 billion and aligning with their strategy to optimize their portfolio ...
Equinor and Shell to Merge U.K. Offshore Oil-And-Gas Businesses
The companies plan to merge their U.K. offshore oil-and-gas assets to form a new company focused on the North Sea, aimed at ...
Equinor closes Nigeria, Azerbaijan asset sales for up to $2B
Equinor completes $2B in asset sales in Nigeria and Azerbaijan, boosting Q4 cash flow and optimizing international portfolio.
Chappal Energies Completes Acquisition of Equinor’s Nigeria Unit
Chappal Energies has completed the acquisition of Equinor Nigeria Energy Company, a unit of Norway-based Equinor ASA, a ...
HighTower Advisors LLC Has $5.24 Million Stock Holdings in Equinor ASA (NYSE:EQNR)
HighTower Advisors LLC reduced its stake in shares of Equinor ASA (NYSE:EQNR – Free Report) by 1.6% during the 3rd quarter, ...
Equinor upgraded to Overweight from Underweight at JPMorgan
JPMorgan analyst Matthew Lofting double upgraded Equinor (EQNR) to Overweight from Underweight with a price target of NOK 330, up from NOK 240.