Despite speculation that Statoil's (STO) Johan Sverdrup discovery may turn out to be even bigger...


Despite speculation that Statoil's (STO) Johan Sverdrup discovery may turn out to be even bigger than current estimates and perhaps Norway's biggest discovery ever, CEO Helge Lund says one huge discovery is not enough to offset falling production from Norway's giant aging fields: "We have to make many of these [Sverdrup-sized discoveries] to be able to maintain growth after 2020."

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  • The Geoffster
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    "Oil? Who needs oil? We have unlimited wind and solar."
    - President B. O.
    28 Aug 2012, 05:01 PM Reply Like
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