Norway’s Sverdrup Oilfield Could Start In October 2019

First oil from Norway’s giant Johan Sverdrup field could come in October 2019, one of the partners, Sweden’s Lundin Petroleum, said in presentation material accompanying its earnings report on the 1st February.

 

Alex Budden, Lundin’s head of communications and investor relations, told analysts and reporters that the October 2019 date had resulted from discussions with operator Statoil .

When contacted, a Statoil spokesman reiterated Sverdrup is expected to start producing in the fourth quarter of 2019.