Equinor ASA (EQNR) announced a delay in the start-up of its Johan Castberg oilfield in the Barents Sea, pushing the timeline to January or February 2025 due to adverse weather conditions. Originally scheduled to commence operations by the end of 2024, the project has faced setbacks despite nearing its completion phase.The Johan Castberg oilfield is one of Equinor’s most significant Arctic projects, with recoverable volumes estimated to be in the range of 450-650 million barrels of crude oil. Developed from ...