ESG/Investment

News

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

December 11, 2025

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.

©2025 World Oil, © 2025 Gulf Publishing Company LLC.
Copyright © 2022. All market data is provided by Barchart Solutions.
Futures: at least 10 minute delayed. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

All material subject to strictly enforced copyright laws
Please read our Terms & Conditions, Cookies Policy and Privacy Policy before using the site.
Do Not Sell or Share My Personal Information.

Connect with World Oil

Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.

Subscribe Newsletter Sign Up