Abstract
Paper describes the challenges and forward developments to face up on Operation and Maintenance (O&M) issues at the Johan Sverdrup field (Blocks: PL 501, PL 265 and PL 502), on the phases (Concept and Design, Construction and Hook-up, Commissioning, Operations and Maintenance, and Recycling), and a research study of the Oil&Gas profitability. Estimated reserves are between 1.8 billion to 2.8 billion bbl, so assessing the total risk of the field development is crucial. Although, development is estimated to cost up to $31 billion, but the full life-cycle price tag, including operating costs through 2068, is around $58.33 billion.
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