The power of cooperation

Skjåk: Surrounded by mountains on all sides, Skjåk is strategically located between Stryn and Nordfjord, Geiranger and Sunnmøre, Vågå and Lom.

It is far away from the smell of salt water and seaweed, and just as far from the view of the North Sea rigs and supply vessels.

Today Stryvo has 95 employees spread around the country.

“That might not be many jobs in the great scheme of things. But 50 employees deep in the fjord at Stryn are important district workplaces. So are the 16 jobs in Skjåk,” he says.

Stryvo is now looking to establish new markets. After building up expertise and experience in oil and gas, it can also deliver to new industries.

While emissions must be reduced, the world needs more energy and new solutions to fight the climate crisis. For Norway’s part, this means large-scale offshore wind development, creating commercial value chains in hydrogen, and using the underground under the North Sea to store CO₂.

Stryvo has gotten acquainted with all of the new segments. It has helped build a prototype for carbon capture, and is are about to enter a hydrogen project.

"We will continue to supply the oil and gas industry, but we will move more and more into the energy transition. Offshore wind is one of the most exciting things, and we look for new opportunities every day. From a purely strategic point of view, we focus on sustainable segments in our production,” he says.

The changes in deliveries from Skjåk and Stryvo symbolise something important: the world is changing. Several of the crises that affect us are global. This particularly applies to the climate crisis. To succeed in the energy transition, where the goal is to offer more energy but with net-zero emissions of greenhouse gases, one thing is absolutely crucial: cooperation.

Henriette Undrum is responsible for Norway energy hub, Equinor’s industrial plan for restructuring the Norwegian continental shelf. The prerequisite for further value creation from the petroleum industry – central to the Norway energy hub – is the decarbonisation of the entire value chain, both production and products.

“We will also produce significant amounts of electricity from offshore wind and develop new commercial value chains and products. This includes hydrogen and carbon capture and storage,” Undrum says.

"We will transform Norway from an oil and gas province to an energy centre.”

It is the same businesses and environments that, for the past 50 years, have supplied the offshore industry that will supply the new industries. In this way, Norwegian industry can both gain a home market and compete internationally.

“The Norwegian supplier industry has shown great adaptability as the Norwegian continental shelf has developed. It have developed solutions that are winning projects in Norway and internationally. There is no reason why this cannot apply to new value chains,” Undrum says.

Spread across the whole of Norway, important milieus have been developed that will not only supply the oil and gas industry in the future. They will also shape the development of carbon capture and storage. They will contribute to the development of Norwegian continental shelf’s floating wind power plants. And they will ensure that we can capture CO2 from natural gas to create new value chains for hydrogen based on existing solutions and infrastructure.

With Rolf Hellem’s oil commandments still in mind, the stage is set for Norwegian jobs, local communities, and expertise to be developed further.

"For 50 years, knowledge, competence and cooperation have been developed. This will be crucial to achieving the ambition of another, and more important, ‘50’: net-zero emissions of greenhouse gases in 2050,” Undrum says.