Equinor’s Castberg oilfield delayed until end of 2023 – regulator – Reuters

Equinor’s Castberg oilfield delayed until end of 2023 – regulator – Reuters

OSLO (Reuters) - Equinor's Johan Castberg oilfield in the Arctic Barents Sea won't come on stream until the end of 2023, a year later than planned due to technical problems that have also hit its value, Norway's oil and gas safety watchdog said on Tuesday.

FILE PHOTO: Equinor's headquarters pictured in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo

The Petroleum Safety Authority (PSA) said in a statement it had identified “serious breaches” of regulations in the construction of the hull for the oilfield's floating production, storage and offloading (FPSO) vessel.