Free Trial

Johan Sverdrup Phase 1 Production Halted

OIL

Johan Sverdrup update: Equinor said it had halted oil production at its Johan Sverdrup Phase 1 – Phase 2 is producing as normal.

  • Sverdrup 1 has a capacity of around 535,000 bpd while Sverdrup 2 can produce up to 185,000 bpd.
  • Power supply to the Johan Sverdrup field was reduced on Monday due to a technical failure and is expected to last 2-3 days.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.