Equinor delays start-up of Johan Castberg oilfield

Equinor Delays Arctic Oilfield Startup to Early 2025
EQNR postpones the Arctic Johan Castberg oilfield startup to 2025 due to harsh Barents Sea weather, impacting short-term production forecasts.
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.
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.

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