North Sea oil production, long written off as a 1970s relic, is on the rise, with Norway's Johan Sverdrup field set to up-end the narrative of decline as it comes on stream in October and ramps up to output levels of around 440,000 b/d just in the first phase.
What better time to speak to the head of the company that actually made the Johan Sverdrup discovery back in 2010, Sweden's Lundin Petroleum?
In S&P Global Platts latest Insight Conversation, CEO Alex Schneiter discusses the changes the industry has had to undertake to ensure its survival, and what may lie ahead as it expands northward into the Arctic waters of the Barents Sea.