Observing the world of renewable energy and sustainable living

Johan Sverdrup Oil Field

Johan Sverdrup oil field:

Owner: Norway
Discovered: 2010
Start production: 2019 (est.)
Total reserves: 1.8 billion barrel
Max production: 650,000 barrel/day (a coffee mug / European = ca. 10 kwh)
Total revenue: $205 billion ($40,000 / Norwegian)

Norway already has a fund of $840 billion ($160,000 / Norwegian). It is unlikely that Norway will join the EU any time soon.

[] – Statoil Sees $205 Billion Revenue From North Sea Field
[] – Johan Sverdrup oil field


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