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Free AccessNorwegian Strikes Hitting Output
Equinor has initiated a shutdown of the Gudrun, Oseberg South and Oseberg East fields offshore Norway initiated by trade union strikes.
- Total production from Gudrun, Oseberg South and Oseberg East is around 89,000 barrels of oil equivalent (boe) per day, of which 27,500 boe per day is natural gas according to Equinor.
- A further extension of the strike has been notified for the Heidrun, Kristin and Aasta Hansteen fields, taking effect from the night before Wednesday 6 July. To Equinor this means that the above-mentioned installations will perform a controlled shutdown of production, including the Tyrihans field, which is tied to the Kristin platform.
- Total production from Heidrun, Kristin/Tyrihans and Aasta Hansteen is around 333,000 boe per day, of which 264,000 boe per day is natural gas.
- A further escalation has been announced from 9 July at Sleipner, Gullfaks A and Gullfaks C. Consequences of this escalation is not yet clear.
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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.