Johan Sverdrup is now open. That’s good news for our investors, for Norway — and for emissions.
Our record-breaking Johan Sverdrup field was officially opened by Prime Minister Erna Solberg on January 7. Now we’re creating value, benefitting Norwegian society and reducing emissions. Find out more here.
Prime Minister Erna Solberg carried out the official opening of Johan Sverdrup on January 7th.
It’s Norway’s third largest oil field—ever. But what about the climate?
The Johan Sverdrup field is a technological triumph and a milestone for the Norwegian oil industry, supplying the world with energy, and creating value for society. It is expected to increase production to 470,000 barrels per day in Phase 1, at unprecented low cost and high quality.
Some people are saying we should stop producing oil altogether, for the sake of the climate. But we believe Johan Sverdrup is a prime example of exactly why we shouldn’t do that. Find out more below.
0
Daily production in Phase 2, after 2022
0
up to 30% of total oil production from the Norwegian Continental Shelf at plateau
0
Emissions compared to a standard development employing gas turbines
We know that the world must reduce use of hydrocarbons. So why are we so proud of our new oil field?
Photo: Ole Jørgen Bratland / Equinor
Less than 4%
Emissions per barrel produced, compared with world average
18 kg CO2
World average emissions per barrel produced
0,67 kg CO2
Emissions per barrel produced at Johan Sverdrup
Less than 4 %.
That’s how little CO2 the Johan Sverdrup field emits compared with the world average for oil production. Thanks to largely hydroelectric power from shore, we will avoid emissions of more than 620,000 tonnes of CO2 every single year.
On average, around the world, there are 18 kg of CO2 emissions for every barrel of oil produced. On the Norwegian continental shelf, the average is much lower, but still around 9 kg. At the Johan Sverdrup field, emissions will be a record low of 0.67 kg — or 4 % of the world average — per barrel produced.
World energy demand continues to rise, and we will still have a significant need for oil and gas in the foreseeable future. But not all barrels are created equal — and it’s important that the oil which is produced, is produced as cleanly as possible. That’s why Johan Sverdrup is a prime example of how technological innovation can provide solutions, and why Norwegian oil and gas are important in a climate perspective.
Johan Sverdrup is now supplying countless countries with energy and raw materials. And benefitting society economically.
The world must fulfil the Paris Agreement — but we still need oil, to fill the gap left by rising energy demand and declining production. The Johan Sverdrup field will supply millions of people with the energy they need to live their lives, and in its estimated 50 year lifespan it will also generate significant financial income for Norway, thanks to the 78% marginal tax rate on the Norwegian oil industry.
1430
billion NOK
Total income in the field’s lifetime, depending on oil price
900
billion NOK
Income to the Norwegian state
~10
million NOK
Profit per hour, depending on oil price
Oil has widespread uses, not just as a fuel — but also for medicines, plastics, textiles, technological products, as well as in the iron, steel and cement industries.
The oil and gas industry creates positive economic ripple effects, not only for the many tens of thousands of people directly employed by the oil industry, but for all Norwegians, in the form of significant tax revenues for the state.
With the help of technology developed over five decades on the Norwegian continental shelf, Johan Sverdrup will have low emissions to sea and air and a high recovery rate. Furthermore, we’re aiming for a high recovery rate of more than 70 percent, meaning that we can contribute to securing growth, jobs and industrial development for decades to come.
Johan Sverdrup creates economic ripple effects in Norway:
~150,000
person-years
in the development phase
70%
of contracts
to Norwegian suppliers
~3400
person-years
in the operational phase
The development and operation of Johan Sverdrup will provide revenue and employment to new generations of Norwegians for five decades to come.
But we’re not doing the job alone. We have a whole industry with us; our partners and suppliers’ experience, and the authorities’ ambitions for the Norwegian Continental Shelf — enabling us to create positive ripple effects for the entire country.
The Johan Sverdrup development can generate more than 150,000 person-years of employment during the construction phase of 2015—2025. In the first phase of the development, 70% of the contracts were awarded to suppliers in Norway. And in the operational phase, Johan Sverdrup may contribute to employment of more than 3,400 people each year—as well as generating income for the Norwegian state exceeding NOK 900 billion over the lifetime of the field.
Johan Sverdrup: a pioneer in digitalisation
The Johan Sverdrup field is also a pioneer in the use of technology and digitalisation. Equinor operates a "digital twin" of the field, which enables us to have an continuous overview of what is happening on Johan Sverdrup, helping to increase safety, maximise returns and reduce emissions.
By leveraging large quantities of data, application developers can increase efficiency and reduce downtime, enabling our employees to do their jobs more safely and sustainably.
Find out more about digitalisation in Equinor in the stories below.
Johan Sverdrup news archive
To see all Johan Sverdrup-related news stories, click "More" below.
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July 7, 2020Deepsea Atlantic drilling rig returning to Johan Sverdrup
Equinor and its partners have signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development, following its work on phase 1.
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March 30, 2020
Expecting faster ramp-up to higher plateau production on Johan Sverdrup
The North Sea Johan Sverdrup field expects to reach plateau production for the first phase in early May, earlier than anticipated.
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January 7, 2020
The Norwegian prime minister opened the Johan Sverdrup field today
Norway’s prime minister Erna Solberg performed the official opening of the Johan Sverdrup field centre today, and the Minister of Petroleum and Energy, Sylvi Listhaug, also attended the opening.
