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Just over two years have passed since work began on the Johan Sverdrup field. Constructing the platforms for the largest Norwegian offshore development in many years has come halfway.
Expanding oil activities in the far north mean that Svalbard is playing an increasingly important role in understanding the regional geology.
Dark clouds have been hanging over the industry for quite some time. Months have turned into years, drastic cuts have been made, and the companies have implemented a number of measures.
The special report in this issue, as in the previous one, focus on the 50th anniversary of the first licensing round on the Norwegian continental shelf (NCS).
The main theme is this year’s 50th anniversary of the first licensing round on the NCS.
Oil worth billions of kroner is failing to be recovered because not enough production wells are being drilled on the Norwegian continental shelf. Something needs to be done. And read the interview where petroleum consultant Philip Lambert challenges Norway’s terms for the industry.
Bente Nyland, director general of the NPD, calls in an interview for a more long-term approach to investment decisions on the Norwegian continental shelf. Read also about young people interested in studying science – and how fungi could be used to improve oil recovery.
The topside for the Gudrun platform is soon ready to be towed out to the North Sea. This development remains on schedule and will be NOK 2 billion below budget. Read also about Van Thi Hai Pham, who has taken a PhD on carbon storage.