EnergyWatch

Second phase of Johan Sverdrup field approved

Norwegian authorities have approved the second phase of the Johan Sverdrup field expansion. Most contracts will go to Norwegian suppliers, field operator Equinor expects.

Photo: Equinor

The major project at the Johan Sverdrup field has received authorities' approval for the project's second phase, according to a statement from the partly state-owned oil company Equinor.

The project is among the largest-ever on the Norwegian shelf, and the second development phase alone amounts to NOK 41 billion (EUR 4.2 billion).

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