Equinor Warns Johan Sverdrup Production Will Drop Up to 20% in 2026

Production will decline between 10% and 20% this year at Norway’s Johan Sverdrup oil field, marking a shift for the North Sea asset that has driven European supply expansion since 2019, Equinor announced Wednesday. Chief Executive Officer Anders Opedal revealed the forecast during a media briefing alongside fourth-quarter results. The field pumped an average 712,000 […] The post Equinor Warns Johan Sverdrup Production Will Drop Up to 20% in 2026 appeared first on the deep dive.