The Johan Sverdrup oilfield
Pureplay producer makes case for scope three absolution
NCS operator Lundin is touting its ‘green’ Johan Sverdrup barrels. Its CEO argues that represents it doing its bit
Swedish-headquartered independent Lundin Energy will use carbon offsets to ensure future deliveries from its Johan Sverdrup field on the Norwegian continental shelf (NCS) are net-zero on scope one and two emissions from production to delivery to buyer. And CEO Nick Walker tells the FT Global Commodities Summit that any further emissions across the lifecycle of these barrels are out of Lundin’s control and should be the responsibility of wherever in the chain they occur. It remains to be seen if such an attitude will prove acceptable to public and investor opinion as we move to a lower-carbon future. Johan Sverdrup already emits a globally low 0.45kg CO2e/bl oe for full life-of-field emission
Also in this section
22 July 2025
Next year’s WPC Energy Congress taking place in April in Riyadh, Saudi Arabia will continue to promote the role of women in the energy sector, with a number of events focusing on the issue.
22 July 2025
Pedro Miras is the serving President of WPC Energy for the current cycle which will culminate with the 25th WPC Energy Congress in Riyadh, Saudi Arabia in April 2026. He has over 30 years of experience in the energy sector, including stints with Repsol and the IEA. Here he talks to Petroleum Economist about the challenges and opportunities the global energy sector currently faces.
17 July 2025
US downstream sector in key state feels the pain of high costs, an environmental squeeze and the effects of broader market trends
16 July 2025
Crude quality issues are an often understated risk to energy security, highlighted by problems at a key US refinery
