Second-phase development of Johan Sverdrup oil field in the Norwegian North Sea has been approved (OGJ Online, Aug. 27, 2018).
The Norwegian Ministry of Petroleum and Energy approved Equinor’s plan for development and operation covering a new processing platform, modifications of the first-phase riser platform, five subsea systems, and preparations for power supply from shore to the Utsira High area in 2022.
The second phase, with capital expenditure of $4.68 billion, will raise production capacity of the field to 660,000 b/d from 440,000 b/d of oil.
The 25,000-tonne processing platform has three construction modules, the main support frame, a converter unit, and a processing module, which will be built at separate locations and assembled at the Haugesund yard in Norway before installation offshore in 2022. Second-phase production is to start in that year’s fourth quarter.
Production from the first phase of development is to start in November this year.
Johan Sverdrup interests are Equinor, the operator, 40.0267%; Lundin Norway, 22.6%; Petoro, 17.36%; Aker BP, 11.5733%; and Total, 8.44%.
