Output from Equinor ASA’s new Johan Sverdrup oil field in the North Sea will rise to 660,000 barrels per day (bbl/d) by 2022, from 440,000 bbl/d by early 2020, a company executive said Sept. 9.
Output from the field will start up in October and the company is in the process of issuing a sales tender for crude from the field this week, Equinor’s Senior Vice President of Marketing and Trading Tor Martin Anfinnsen told reporters on the sidelines of the Asia Pacific Petroleum Conference.
The first cargo will be for 600,000 barrels and the tender will be issued on behalf of all stakeholders in the field, he said.
Anadarko Petroleum was the only corporate deal Occidental Petroleum considered since the company’s current leadership has been in place, says CFO Cedric Burgher.
"None" of Icahn's nominees "possess skills, experience or expertise that are additive or superior to our existing directors," wrote Occidental CEO Vicki Hollub and Chairman Eugene Batchelder.
The shale boom took energy security off the U.S. political agenda, but that may not last.