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IS - Equinor expects faster Johan Sverdrup ramp to plateau - August 2019

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Equinor is still planning to start Phase 1 production from Johan Sverdrup field offshore Norway in November but said it should reach plateau production of 440,000 boe/d by summer 2020, significantly faster than the 12-month ramp-up previously anticipated. The company also announced it was able to reduce capex for Phase 1 by another NOK3 billion ($340 million) for a total reduction of NOK40 billion ($4.55 billion) since it first submitted plans for the project.......
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