Equinor ASA EQNR, a Norwegian state-owned energy powerhouse, has successfully anchored its floating production, storage, and offloading vessel (FPSO) on the Johan Castberg field in the Barents Sea.

Johan Castberg holds estimated recoverable resources of 450M-650M boe and is expected to produce for 30 years; 14 wells have been drilled on the field so far, with 12 ready for production, which ...