Johan Sverdrup is the third largest oil field on the Norwegian continental shelf, and a major supplier of energy to Europe. The entire field is now on stream, and accounts for roughly a third of Norway's oil production. It also has some of the lowest CO2 emissions of any oil field in the world.
Johan Sverdrup: a showcase of digital technologies
Our Johan Sverdrup field is a pioneer in the use of new digital technologies that help us increase safety, reduce costs, maximise returns and reduce emissions.
For example, there's Echo, our "digital twin" that lets workers explore every detail of the platforms in virtual reality using Microsoft 3D Hololens technology. Then there's our Digital Field Worker app that lets offshore workers activate work permits, check equipment, and read system manuals all without going back to their desks. And a host of other exciting solutions that increase efficiency and reduce downtime, enabling our employees to do their jobs more safely and sustainably. Welcome to the digital energy company of the future.
Johan Sverdrup is now supplying countless countries with energy and raw materials. And benefitting society economically.
The world must fulfil the Paris Agreement â 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.
Oil has widespread uses, not just as a fuel â 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, weâre 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.
The development and operation of Johan Sverdrup will provide revenue and employment to new generations of Norwegians for five decades to come.
But weâre not doing the job alone. We have a whole industry with us; our partners and suppliersâ experience, and the authoritiesâ ambitions for the Norwegian continental shelf â 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 â as well as generating income for the Norwegian state exceeding NOK 900 billion over the lifetime of the field.