OSLO, NORWAY (By Equinor, 8.Aug.2025, Words: 550) — Today, 8 Aug. 2025, the Johan Castberg field was officially opened by the minister of energy, Terje Aasland. Johan Castberg is Norway’s northernmost oil field. The field will produce for at least 30 years. This creates great value and ripple effects and […]
Tag: Johan Castberg
Coronavirus’ Greatest Upstream Impact: On Prices
(WoodMac, 27.Feb.2020) — The upstream oil and gas sector’s biggest commercial fear from the Coronavirus (COVID-19) epidemic is its impact on demand and prices. Only a small proportion of global supply comes from the worst-affected regions. Manufacturing shutdowns and shipping bottlenecks are causing project delays. Vessels and other large components […]