Oil and Gas

The petroleum industry is Norway's largest industry. In 2012, the petroleum sector represented more than 23 per cent of the country’s total value creation. The revenues from the petroleum sector constitute 30 percent of the state revenues. Today Norway is the 7th largest producer of oil and the 3rd largest producer of gas in the world.

Tema olje og gass

Oil has been produced on the Norwegian continental shelf since the Ekofisk field opened 9 June 1971. So far we have produced about 42 percent of our resources. Thus there is still a huge potential for value creation on the Norwegian continental shelf. The Ekofisk field is still one of the largest Norwegian oil producing fields and the production will continue until 2050.

Below are several articles presenting different aspects of the oil and gas activities on the Norwegian continental shelf.

Facts 2014 – All you need to know about Norwegian petroleum activities

In cooperation with the Norwegian Petroleum Directorate, The Ministry of Petroleum and Energy has published a new edition of its annual book on the Norwegian petroleum sector, Facts 2014. The publication gives a comprehensive overview of the petroleum activity on the Norwegian continental shelf (NCS). New versions of the Oil Facts app are at the same time released for Android and WindowsPhone.

The service and supply industry

Norway has a highly skilled and internationally competitive petroleum related service and supply industry, developed over more than 40 years of petroleum activities in Norway. This is a result of a deliberate policy.

Gas exports from the Norwegian shelf

Norway is the third largest gas exporter in the world. Nearly all Norwegian gas is sold on the European market. A well-developed and efficient gas infrastructure and short transport distances make Norwegian gas competitive in the European market.

Norway’s oil history in 5 minutes

In the late 1950s, very few people believed that the Norwegian continental shelf (NCS) might conceal rich oil and gas deposits. However, the discovery of gas at Groningen in the Netherlands in 1959 caused people to revise their thinking on the petroleum potential of the North Sea.

Ministry of Petroleum and Energy