Johan Castberg anchored on the field

The floating production, storage and offloading vessel (FPSO) is now securely anchored on the Johan Castberg field in the Barents Sea.
The hook-up of the FPSO to the subsea facilities, preparing it for production start-up towards the end of the year, will now start.
"This is an important milestone for Equinor and its partners Vår Energi and Petoro.Johan Castberg strengthens Norway's role as a reliable, long-term energy supplier. The field will create great value for society, and long-term ripple effects and jobs. I would like to thank everyone who has contributed," says Trond Bokn, Equinor's senior vice president Project development.

Johan Castberg is a large oil field with estimated recoverable volumes of between 450 and 650 million barrels. The field will produce for 30 years, and at its peak, Johan Castberg may produce 220,000 barrels per day. The field development concept includes 30 wells distributed across ten subsea templates and two satellites that will now be tied back to the FPSO. So far, 13 of these wells have been drilled, and drilling operations will continue into 2026.
Johan Castberg is located 240 kilometres northwest of Hammerfest. The field has a supply and helicopter base in Hammerfest and an operations organisation in Harstad.

"Johan Castberg is important for our development plans in Northern Norway. When the field comes on stream, a new province will be opened for oil recovery in the Barents Sea. This provides new opportunities for the exploration for and development of new discoveries in the area. Working with our partners we are already maturing five discoveries towards a possible tie-in to Johan Castberg," says Grete Birgitte Haaland, Equinor's senior vice president for Exploration & Production North.
The Norwegian supply industry has accounted for more than 70 percent of the total deliveries to the Johan Castberg project. In the operating phase, 95 percent of deliveries are expected to come from Norwegian suppliers. The North Norwegian content is estimated at about 40 percent, and every third Johan Castberg employee lives in Northern Norway.
Accept cookies
Want the full picture? We’d love to share this content with you, but first you must accept marketing cookies by enabling them in our cookie settings.
Latest news
Equinor to participate in Ørsted Rights Issue
Equinor has assessed the proposal put forward by the Board of Directors of Ørsted A/S on 11 August 2025 for a Rights Issue with pre-emptive rights for existing shareholders (the “Rights Issue”).
New oil and gas discovery near the Troll field
Equinor and partners have struck oil and gas in the Fram area, nine kilometres north of the Troll field in the North Sea.
First CO2 volumes stored at Northern Lights
The first CO₂ volumes have now been injected and successfully stored in the reservoir 2.600 meters under the seabed. The world’s first third party CO2 transport and storage facility is now in operation, contributing to reducing European greenhouse gas emissions.