Norway’s Sverdrup Phase 2 drilling started, Q4 startup on track: Lundin

Drilling on the $4.6 billion Phase 2 expansion of Norway’s Johan Sverdrup oil development began in January and the project is “firmly on track” for startup in the fourth quarter of 2022, Nick Walker, CEO of project partner Lundin Energy, said Feb. 1. In a results statement, Lundin, which is being bought by upstream company Aker BP to create Norway’s…