First Oil from Johan Sverdrup to Mongstad
Monday 21 October 2019
Oil from the giant Johan Sverdrup field in the North Sea has arrived at the Mongstad plant north of Bergen. The event was celebrated at the plant on 21 October.
“This is a great day for Equinor and the Johan Sverdrup partnership, consisting of Lundin Norway, Petoro, Aker BP and Total. First oil to Mongstad only a few days after production start confirms that the field is producing well. This day also marks the start of a new phase as we prepare to bring Johan Sverdrup oil to the international market,” says Irene Rummelhoff, executive vice president for Marketing, Midstream & Processing (MMP) in Equinor.
Oil is piped from the North Sea Johan Sverdrup field, a distance of 283 kilometres. At the Mongstad complex the oil is stored in caverns and prepared for shipping to markets all over the world.
The first cargo is expected to leave for customers in Asia this week, and contains one million barrels with a market value of around USD 60 million, or more than half a billion NOK at the current oil price. Future cargoes are expected to contain between 600,000 and 2 million barrels.