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Johan Castberg hub expands: Equinor invests in 46 MMbbl Isflak development

Johan Castberg hub expands: Equinor invests in 46 MMbbl Isflak development

by Offshore Reporter | Dec 11, 2025 | Offshore

Equinor and partners have approved a NOK 4 billion investment to develop the Isflak discovery—the first tieback to the Johan Castberg hub—adding 46 MMbbl and targeting first oil in 2028 as the Barents Sea project ramps up for long-term growth.

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Johan Castberg hub expands: Equinor invests in 46 MMbbl Isflak development

Latest News

UK weighs early end to North Sea windfall tax amid talks with oil and gas producers

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Saipem drillship acquisition canceled as Deep Value Driller sells unit to third party

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