Mammoth Field Fires Up Norway’s Oil Industry
December 12, 2019
2:32 pm
Under yellow metal legs stretching beneath the sea, billions of dollars lie buried. As the world tries hard to halt global warming, a huge oil field breathes new life into Norway’s oil sector.
“Massive!”, exclaims a delighted Arne Sigve Nylund, the head of energy giant Equinor’s Norway operations.
“At its peak, it will represent approximately 25-30 percent of the total oil production from the Norwegian continental shelf,” he says as he takes reporters on a tour of the Johan Sverdrup oil field, hardhat firmly secured on his head.
Fifty years after the Scandinavian country first struck black gold, the …
