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In the middle of the North Sea revival of Norway's oil
industry, the biggest in western Europe, is under way.
This is the Johan Sverdrup field, the biggest discovery
in Norway for three decades.
And one which contains 2.7bn barrels of oil and could earn
this Scandinavian country $100bn over the next 50 years.
Norway first discovered oil in December 1969.
And now 50 years later, one of the biggest oil
fields in the North Sea for decades
is about to come online.
But it's about to produce its first oil at the same time
that there is an intense environmental debate about just
how long oil can be produced.
Could this be the last ever large field in the North Sea?
The four permanent interconnected platforms
are currently home to 500 workers.
And are expected to account for about a third
of Norway's total oil production.
Under pressure from environmentalists
and politicians, state controlled
group Equinor chose to use clean hydro-electricity from land
rather than the usual dirtier gas turbines to power
the platform.
The start of the Johan Sverdrup, the 5th of October,
was a milestone because it represented
the past 50 years and also the forward looking 50 years.
And Johan Sverdrup will represent a very important part
of the oil production on the Norwegian continental shelf
going forward from various perspectives.
The value perspective is of course, creating NKr900bn
to the Norwegian state alone.
And also from a climate perspective,
where we produce this oil and some gas
with a climate footprint of 0.67 kilos per produced
barrel, which if you compare to the global average of 18
kilos per barrel, it's pretty climate efficient I would say.
Many of Norway's biggest oil fields
are due to stop producing in the coming years.
And combined with pressure from environmentalists,
some wonder if this field could mark
the industry's last big hurrah.
The possibility of finding such a big field
as Johan Sverdrup is still there but you know the chances of it
is being a slimmer and slimmer as we move along.
I think for the NCS it's more about smaller resources.
We need to work really hard as an industry,
together with our suppliers, to be
able to be competitive and extract also those, the smaller
reservoir or smaller findings that we might see out
here going forward.
Yohan Sverdrup is not only vital for Equinor and its partners,
it's also a symbol for Norway and how
it's become one of the world's richest countries through oil.
But 50 years on from the initial discovery
of black gold, the questions about how the industry will get
through its next five decades in Norway are growing ever louder.