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Norway's Johan Sverdrup oilfield to ramp-up capacity in May-partner

Reuters
Reuters
 2021-04-29

OSLO, April 29 (Reuters) - Western Europe’s largest oilfield, Johan Sverdrup, will ramp up its production in early May, sooner than previously expected, Swedish independent oil firm Lundin Energy said on Thursday.

“Phase 1 production capacity is about to step-up to 535,000 barrels of oil equivalent per day (boepd) gross, and I expect, when the impact on the full field capacity has been assessed, we will see an increase above the current guidance of 720,000 boepd,” Chief Executive Nick Walker said in a statement. (Reporting by Nerijus Adomaitis, editing by Terje Solsvik)

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