Johan Sverdrup's second phase is set to start later in Q4
Norwegian oil output awaits Sverdrup boost
Liquids production continues to trend lower ahead of Q4 Phase 2 startup
Norway’s oil production fell year-on-year for the 11th consecutive month in September, as the output growth trend driven by the ramp-up of the Johan Sverdrup field from late 2019 to the middle of 2021 continued to reverse. But the field’s second phase is set to start later in the fourth quarter, which could see Norwegian continental shelf (NCS) liquids production heading north again. Production of crude, condensate and NGLs averaged 1.84mn bl/d in September, down by 8pc month-on-month from 2mn bl/d in August and by just under 10pc year-on-year from 2.04mn bl/d in September 2021 (see Fig.1). Year-on-production has now fallen every mon
Also in this section
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
8 January 2026
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
8 January 2026
The region’s access to versatile feedstock, combined with policy support, is setting it up to meet growing demand both at home and abroad
7 January 2026
No longer can the energy source be considered a sidekick to oil in the Middle East and neither should it step aside for less convincing alternatives
