Norway’s Equinor shuts down its Snorre B oil rig after earthquake

Oslo (March 21): Norway’s Equinor said on Monday it had shut down its Snorre B oil rig as a precautionary measure in the wake of the earthquake in the North Sea.

It was not yet clear when Snorre B, which produces between 30,000 and 35,000 barrels per day of oil, could resume normal operation, said Jesel Liddell-Johansen, a spokesman for Equinor.

“Our focus now is on safety,” he said.

The Norwegian National Seismological Network said the quake, which occurred in the early hours of Monday morning, had a magnitude of 4.6.

Johansen said the quake was observed in the Senor field, which includes several platforms.

“At Snorre B, production has been closed as a precaution,” he said.

He added, “Snorr is the closest to the earthquake site and to the facilities that they felt…but (there are no) reports of any damage to the facilities or to the sea floor.”

While small earthquakes are common along Norway’s coast, a tremor of the magnitude seen on Monday occurs only once on average every decade, Lars Utermuleer, professor of seismology at the University of Bergen told the Bergens Tidende newspaper.

Norway is Europe’s second largest oil producer after Russia, producing about four million barrels of oil equivalent per day, roughly equally divided between oil and natural gas.

Equinor owns a 33.3% stake in Snorre, while state oil company Petoro owns 30%, Vaar Energi 18.5%, INPEX Idemitsu 9.6% and Windershall DEA 8.6%, according to Norwegian government data.

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