All of our barrels are certified as carbon neutrally produced
All of our net production from Johan Sverdrup is certified as a carbon neutrally produced by Intertek Group plc (Intertek) under the CarbonZeroTM standard. The field is the second in Norway (the first being the Edvard Grieg field) to have its full life of field emissions independently certified by Intertek, under its CarbonClearTM standard, at 0.45 kg CO2e per boe, onoe of the lowest carbon intensities in the world.
To supply a fully carbon neutrally produced barrel, ressidual emissions are neutralised through high quality natural carbon capture projects, certified by the Verified Carbon standard (VCS)1.
A a result, from June 2021, no net carbon emission are released to the atmossphere during the production of Lundin Energy's Johan Sverdrup barrels.
1 Carbon credits sourced from reforestation and afforestation projects in Ghana (project ID: VCS 987, ~5 kt CO2e, vintage 2018-2019) and Mexico (project ID: VCS 1141, ~17 kt CO2e, vintage: 2014-2019)