Several centres for Environmentally Friendly Energy Research (FME) contributed in this report, edited by Sintef and NTNU. It explains how The North Sea still can profit Norwegian economy, even if oil production slows down.

The report highlights key arguments:

• The North Sea's advantageous placement.
• Norway's expertise and experience in the field.
• The world's need for new solutions.
• The potential for new Norwegian exports.
• Blue hydrogen and ammonia production.
• CCS storage capabilities.
• Offshore windpower capabilities.

The report was published ahead of Arendalsuka, a Norwegian political festival. There, Director at NTNU Energy, Johan Hustad and Executive Vice President Sustainability at SINTEF, Nils Røkke presented three pieces of advice to Norwegian politicians:

1. Ensure sustainable development of the North Sea.
2. Facilitate for hundreds of times more CO2 storage than what is currently planned.
3. Maintain the world leading expertise.

Download Report: The North Sea as a springboard for the green transition