When Statoil struck oil in what is now the Johan Castberg field back in 2011, nobody expected that just three years later, oil prices would plummet and the Norwegian energy major would have to apply a lot of ingenuity to make the project viable. Now, it is not just viable, but some see it as the project that will spark a revival of the Norwegian oilfield services industry. The Johan Castberg field consists of three deposits with combined reserves estimated at between 400 and 650 million barrels of crude. This makes it one of the biggest recent discoveries in Norway’s continental shelf, and the local industry certainly need all of these and then some. After all, field depletion in the North Sea is a very real problem, and Arctic drilling is a challenging and costly endeavor, which, as Statoil saw last year, does not always result in a discovery. […]