Norway’s Sverdrup Phase 2 oil output restart delayed after power failure

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Production at Norway’s flagship Johan Sverdrup oil project remained at a reduced rate of 535,000 b/d on Jan. 16 as an equipment fault hampered recovery from a power failure at recently commissioned Phase 2 facilities, a spokesperson for state-controlled Equinor said. Following the Jan. 11 power failure the core Phase 1 facilities quickly restarted and “produce a stable 535,000 b/d,”…