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#0162: Innovation as a social responsibility

Gjest: Kristin Færøvik

Managing Director of Lundin

Med Vert Silvija Seres

In this episode of #LØRN, Silvija talks with Managing Director in Lundin, Kristin Færøvik about the changes in the oil sector, new innovations, and what it takes to be competitive in the future. They look at how technology developed for the oil sector can be transferred to the health sector and also how oil and gas are explored, developed, and produced from the Norwegian continental shelf. Kristin is currently Chair of the board of directors for Norwegian Oil and Gas a role she has held since Nov 2016, having joined as a board member a year earlier.
Full transcript (Available soon)

Who are you and how did you become interested in energy technology?
I first encountered technology when I was a petroleum engineering student in Trondheim. I’ve worked in the oil and gas industry ever since and spent much of my career working on technologically complex projects. 

What is your role at work?
Put simply: I lead a company that explores for, develops, and produces oil and gas from the Norwegian Continental Shelf.

What are the most important concepts in energy technology?
Developing and using the best possible ways of understanding the sub-surface (in order to find, develop and produce oil and gas assets) demands good integration of all geo-disciplines (e.g. geology and geophysics) and the ability to embrace innovation and new ideas. This constant drive for better practices – as opposed to best practice – and curiosity about what the data really tells you are at the heart of our exploration team.

Why is this exciting?
Hydrocarbons are a fantastic natural resource and I cannot imagine anything more exciting than discovering new resources on the Norwegian Continental Shelf. 

What do you think are the most interesting controversies?
I do find it an interesting paradox that Norway’s position as a global provider of offshore technology is not more widely known or recognized among the general public. And in the same vein, why are we not more ambitious about outcompeting other oil and gas basins in light of the Paris Agreement?

What is your own favorite example of energy technology?
Right now, it’s Lundin Norway`s ongoing development and refinement of seismic methods – from the BroadSeis/seismic data processing test area on the Utsira High in the North Sea to the ground-breaking TopSeis acquisition technology. 

Can you name any other good examples, nationally or internationally?
The development of subsea technology is fantastic. I am also fascinated by modern drilling technology. Thirdly, if it wasn’t for the exponential growth of data processing coinciding with the reduction of data storage costs, TopSeis would have been meaningless – the amount of data gathered is simply mind-boggling.

What do you think is the most important takeaway from our conversation?
That we have a world-leading oil and gas industry in Norway; that there is a role for Norway to play in continuing to supply oil and gas to the world in a responsible manner; and that a small, transparent nation such as ours can be competitive if we put our weight behind it. Rapid deployment – and indeed development – of new technology plays a big part in staying competitive.



Samle deg med en venn eller en kollega for å se om du klarer å svare på spørsmålet nedenfor.

Spørsmål:What is it about the Norwegian education system that has enabled Norway to develop its natural resources so well?


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This is what you will learn:

What hydrocarbons are
Innovation in oil and gas
The changes in the oil sector

When we extract oil and gas, we use advanced data modeling to understand how the oil and gas will behave. In fact, some of this technology is now being transferred to the healthcare sector for modeling blood flow in the heart of humans.

- Kristin Færøvik

This is Lundin

Lundin Energy has grown from an oil and gas exploration company into an experienced Nordic energy developer and operator. Lundin explore even better ways to produce and to develop energy. This has made Lundin one of the world’s leading, sustainable companies in the industry.