Equinor says Sverdrup oilfield output to beat expectations
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OSLO (Reuters) - Norway's Equinor said on Monday its Johan Sverdrup oilfield is ramping up output at a faster pace and will produce more barrels per day than initially expected.Western Europe's biggest producing oilfield is now expected to hit a daily output rate of 470,000 barrels in early May, above the 440,000 bpd peak that had initially been pencilled in for mid-year, it said.The news comes as the price of North Sea crude has dropped to its lowest in 18 years amid a glut of output and..