STAVANGER, Norway — Equinor is making good progress on its current portfolio of 23 projects, the company said in its latest results statement, despite global supply chain disruptions and the continued impact of the pandemic.
On the Norwegian Continental Shelf (NCS), Johan Sverdrup Phase 2 and Njord future should both come onstream in the fourth quarter. The Njord Bravo storage vessel is now back at the field after six years and an extensive upgrade, Equinor said, creating big ripple effects both in Haugesund and Kristiansund. The oil production from the Njord Field will resume toward the end of the year.
Additionally, in the same region, construction of the floating wind farm Hywind Tampen should be completed next spring.
Gas production from the NCS remains at a high level and includes volumes from the Barents Sea sent to Hammerfest LNG, recently restored to service following extensive fire damage.
During second-quarter 2022, E&P Norway delivered a 18% increase in gas production and a 7% increase in overall production, compared to the same quarter last year.
Off Brazil, the Peregrino Field came back onstream this month, with Peregrino Phase 2 on track for startup in the current quarter.
In the UK North Sea, the Phase 1 of the Dogger Bank wind farm should start operations in 2023. SSE Renewables reported July 26 that the installation of the first foundations for 277 wind turbines at Dogger Bank commenced this week.
Equinor completed nine offshore exploration wells in the second quarter with three still drilling, and it made three commercial discoveries, all close to infrastructure on the NCS.