Sale of Crude Oil
Equinor has signed an agreement with Poland’s ORLEN for the sale of crude oil from the Johan Sverdrup field on the Norwegian continental shelf.
The agreement will run for three years from the beginning of September.
Annual supplies under the agreement will be from 5 million tonnes to over 9 million tonnes. Further commercial terms are confidential between the parties.
The agreement also allows for the possibility of supplying other crude grades produced from fields on the Norwegian Continental Shelf.
The agreement expands the energy partnership between Equinor and ORLEN and underlines the continued importance of reliable energy supplies from Norway to Poland and Europe. Johan Sverdrup is the oil field with the highest production on the Norwegian continental shelf, making it a significant contributor to European energy supply.
The field is also known for highly energy efficient production with significantly lower CO₂ emissions from production than the global average, mainly due to power from shore.
