Daily Newsletter

21 November 2024

Daily Newsletter

21 November 2024

Norway’s Johan Sverdrup oilfield resumes production post-outage

The outage was due to overheating of the onshore converter station at Kaarstoe, south-west Norway.

aranyamondal November 20 2024

Equinor and partners have resumed production at the Johan Sverdrup oilfield in the Norway North Sea after a power outage, achieving two-thirds of its capacity by mid-morning on Tuesday (19 November 2024), reported Reuters, citing a company spokesperson.

Production at the field was halted on Monday following an outage at the onshore electrical converter station that disrupted power supply to the platforms.

The outage was due to overheating of the converter station at Kaarstoe, south-west Norway.

An Equinor spokesperson stated that the repair work is ongoing and work is on to resume complete production.

The company does not suspect deliberate action behind the incident.

Last month, Equinor reported that the field was producing at its peak capacity of approximately 755,000boepd, although this was expected to gradually decrease, starting in early 2025.

Serving as the operator of the licence, Equinor holds a 42.63% stake in the Johan Sverdrup licence, with Aker BP owning 31.57%, Norwegian state-owned oil company Petoro 17.36% and TotalEnergies 8.44%.

This week, Equinor awarded a $335m (Nkr3.69bn) two-year contract to Northern Ocean Wind, a subsidiary of Northern Ocean, to deploy the Deepsea Bollsta rig on the Norwegian Continental Shelf.

The contract is set to begin late next year and includes five one-year extension options.

Last week, Equinor announced the discovery of oil and gas near the Fram field in the North Sea, estimated at 13–28 million barrels of oil equivalent.

The exploration well, with a sidetrack, was drilled around 10km north of the Troll field and found petroleum in both well paths.

The discovery, located in the Rhombi prospect, contains both oil and gas, with gas making up slightly more than half. This is the first discovery in the area this year, apart from an appraisal well from a previous find.

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