Johan Sverdrup Phase 3 Development
Sector: Oil and Gas • Location: Stavanger, Norway
Source: Rigzone
Equinor and its partners plan to invest $1.27 billion in the third phase of Johan Sverdrup oil field development in the North Sea. The project includes new subsea infrastructure with two new subsea templates tied into existing infrastructure via new pipelines, aiming to increase recovery by 40 to 50 million barrels of oil equivalent. Production is expected to start in Q4 2027. The project leverage
- Status
- Prospective
- Sector
- Oil and Gas
- Location
- Stavanger, Norway
- Updated
- 22 Jul 2026
- Source
- Rigzone
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Project Information
Participants
Company |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Equinor and its partners plan to invest $1.27 billion in the third phase of Johan Sverdrup oil field development in the North Sea. The project includes new subsea infrastructure with two new subsea templates tied into existing infrastructure via new pipelines, aiming to increase recovery by 40 to 50 million barrels of oil equivalent. Production is expected to start in Q4 2027. The project leverages artificial intelligence for optimal resource utilization and cost savings. |
Original sector | Oil & Gas |
Budget |
Location
Country | Norway |
City | Stavanger |
Source
Source | Rigzone |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-09-16 |
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