Constructions starts at oil giant

WORK on the giant Johan Sverdrup field, one of the largest oil development sanctioned under the good old days of $100 per barrel oil and one of the biggest new developments in the world, has moved up a gear with operator Statoil saying that construction on parts of the drilling infrastructure necessary to tap into the field is finally underway.

Constructions starts at oil giant Constructions starts at oil giant Constructions starts at oil giant Constructions starts at oil giant Constructions starts at oil giant

Johan Sverdrup, one of the largest fields ever discovered, will generate over $US200 billion in revenues over the next 50 years.

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