Equinor and its partners have announced a Nkr13bn ($1.2bn) investment for the Johan Sverdrup Phase III project in the ...

EQNR commits $1.29 billion to expand Johan Sverdrup, aiming to boost reserves by up to 50 million boe by leveraging existing infrastructure.

The newly sanctioned project aims to increase recoverable volumes at the oil field offshore Norway by 40-50 MMboe through the ...

Equinor and its partners are investing NOK 13 billion (£942 million) in the third phase of the Johan Sverdrup oil field, the ...

Norway's Equinor and its partners have approved a 13 billion Norwegian crown ($1.29 billion) investment for the expansion of Johan Sverdrup, western Europe's largest producing oilfield, the ...

Phase three is an important contribution to maintaining high production from Johan Sverdrup in the years to come.” Ownership interests are Equinor on 42.6267%, Aker BP on 31.5733%, Petoro on 17. ...

The Johan Sverdrup is located in the Utsira High area of the North Sea, 160 kilometres west of Stavanger, in water depths of 110 to 120 metres.