Equinor to Further Develop Johan Sverdrup North Sea Field After New Oil Discoveries

Dow Jones

Jun 15

By Dominic Chopping

Equinor said that recently completed appraisal wells in the Johan Sverdrup field in the North Sea have proven increased oil volumes, with the discoveries set to form the basis of a new phase of development at the project, which is Norway's largest oil-producing field.

Preliminary estimates put the new discoveries at between 20 million and 30 million barrels of oil equivalent, it said.

The discoveries will be developed by connecting to existing infrastructure on Johan Sverdrup, with a possible production start in 2029.

"These are important and profitable volumes for Johan Sverdrup," said Kjetil Hove, head of development and production Norway. "By tying new resources to existing infrastructure, we can develop them quickly, with low costs and low emissions."

Equinor is the operator of Johan Sverdrup field with a 42.62% stake, while Aker BP holds a 31.57% interest, Petoro 17.36% and TotalEnergies 8.44%.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

June 15, 2026 05:16 ET (09:16 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2643271681"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2643271681\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2643271681?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-15 17:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2643271681","market":"fut","top_or_hot":-1,"title":"Equinor to Further Develop Johan Sverdrup North Sea Field After New Oil Discoveries","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Dominic Chopping \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Equinor said that recently completed appraisal wells in the Johan Sverdrup field in the North Sea have proven increased oil volumes, with the discoveries set to form the basis of a new phase of development at the project, which is Norway's largest oil-producing field. \n</p>\n<p>\n  Preliminary estimates put the new discoveries at between 20 million and 30 million barrels of oil equivalent, it said. \n</p>\n<p>\n  The discoveries will be developed by connecting to existing infrastructure on Johan Sverdrup, with a possible production start in 2029. \n</p>\n<p>\n  \"These are important and profitable volumes for Johan Sverdrup,\" said Kjetil Hove, head of development and production Norway. \"By tying new resources to existing infrastructure, we can develop them quickly, with low costs and low emissions.\" \n</p>\n<p>\n  Equinor is the operator of Johan Sverdrup field with a 42.62% stake, while Aker BP holds a 31.57% interest, Petoro 17.36% and TotalEnergies 8.44%. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 15, 2026 05:16 ET (09:16 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Equinor to Further Develop Johan Sverdrup North Sea Field After New Oil Discoveries</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEquinor to Further Develop Johan Sverdrup North Sea Field After New Oil Discoveries\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-15 17:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Dominic Chopping \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Equinor said that recently completed appraisal wells in the Johan Sverdrup field in the North Sea have proven increased oil volumes, with the discoveries set to form the basis of a new phase of development at the project, which is Norway's largest oil-producing field. \n</p>\n<p>\n  Preliminary estimates put the new discoveries at between 20 million and 30 million barrels of oil equivalent, it said. \n</p>\n<p>\n  The discoveries will be developed by connecting to existing infrastructure on Johan Sverdrup, with a possible production start in 2029. \n</p>\n<p>\n  \"These are important and profitable volumes for Johan Sverdrup,\" said Kjetil Hove, head of development and production Norway. \"By tying new resources to existing infrastructure, we can develop them quickly, with low costs and low emissions.\" \n</p>\n<p>\n  Equinor is the operator of Johan Sverdrup field with a 42.62% stake, while Aker BP holds a 31.57% interest, Petoro 17.36% and TotalEnergies 8.44%. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 15, 2026 05:16 ET (09:16 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2129689605.HKD","symbol_name":"FRANKLIN GLOBAL INCOME \"A\" (HKD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2643271681","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2643271681","pubTimestamp":1781514960,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Equinor said that recently completed appraisal wells in the Johan Sverdrup field in the North Sea have proven increased oil volumes, with the discoveries set to form the basis of a new phase of development at the project, which is Norway's largest oil-producing field.Preliminary estimates put the new discoveries at between 20 million and 30 million barrels of oil equivalent, it said.The discoveries will be developed by connecting to existing infrastructure on Johan Sverdrup, with a possible production start in 2029.\"These are important and profitable volumes for Johan Sverdrup,\" said Kjetil Hove, head of development and production Norway. \"By tying new resources to existing infrastructure, we can develop them quickly, with low costs and low emissions.\". Equinor is the operator of Johan Sverdrup field with a 42.62% stake, while Aker BP holds a 31.57% interest, Petoro 17.36% and TotalEnergies 8.44%.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2129689605.HKD":"FRANKLIN GLOBAL INCOME \"A\" (HKD) INC","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU2129689514.USD":"FRANKLIN GLOBAL INCOME \"A\" (USD) INC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","EQNR":"Equinor ASA","BK4201":"综合性石油与天然气企业","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","BK4561":"索罗斯持仓","BK4588":"碎股","BK4585":"ETF&股票定投概念","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU2129689431.USD":"FRANKLIN GLOBAL INCOME \"A\" (USD) ACC","TTE":"道达尔"},"translate_title":"Equinor在发现新石油后将进一步开发Johan Sverdrup北海油田","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TTE":0.9,"EQNR":0.9},"content_text":"By Dominic Chopping \n\n\n \n\n\n  Equinor said that recently completed appraisal wells in the Johan Sverdrup field in the North Sea have proven increased oil volumes, with the discoveries set to form the basis of a new phase of development at the project, which is Norway's largest oil-producing field. \n\n\n  Preliminary estimates put the new discoveries at between 20 million and 30 million barrels of oil equivalent, it said. \n\n\n  The discoveries will be developed by connecting to existing infrastructure on Johan Sverdrup, with a possible production start in 2029. \n\n\n  \"These are important and profitable volumes for Johan Sverdrup,\" said Kjetil Hove, head of development and production Norway. \"By tying new resources to existing infrastructure, we can develop them quickly, with low costs and low emissions.\" \n\n\n  Equinor is the operator of Johan Sverdrup field with a 42.62% stake, while Aker BP holds a 31.57% interest, Petoro 17.36% and TotalEnergies 8.44%. \n\n\n \n\n\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 15, 2026 05:16 ET (09:16 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"productRelease","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}