TechnipFMC has won a “large” contract from Equinor to install new subsea production systems for the third phase of the Norway major’s Johan Sverdrup field in the Norwegian North Sea.

Hersvik reiterated the company’s ambition to sustain production above 500,000 barrels per day beyond 2028 and highlighted significant upside potential from Johan Sverdrup Phase 3 and Yggdrasil ...

The Johan Sverdrup field, which originally began production in 2019, is now one of the largest developments in the region. This latest phase will increase production by tying in additional wells ...