Norway’s Statoil AS A said on Monday that the giant Johan Sverdrup oil field in the North Sea could generate revenue of 1.35 trillion Norwegian kroner ($199.21 billion) over the next five decades.  The Norwegian oil producer said that the oil field could produce up to 650,000 barrels of oil a day at its peak.  “According to a provisional estimate, total production revenues over 50 years may amount to as much as 1,350 billion kroner,” said Statoil.

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