The chief task of the Ministry of Petroleum and Energy is to develop a coordinated and coherent energy policy. It is an overriding goal to ensure high value creation through the efficient and environmentally-friendly management of the country’s energy resources.
The History of Norwegian Hydropower in 5 Minutes
Modern Norway was built and industrialised when we started to utilize rivers and waterfalls to produce electricity. Hydropower is still the backbone of the Norwegian power system, and will remain so in the foreseeable future.
The service and supply industry
The service and supply industry is Norway’s second-largest industry measured in terms of turnover, after the oil and gas industry. After more than 40 years of petroleum activities, the industry has developed cutting-edge expertise and is internationally competitive
Gas exports from the Norwegian shelf
Norway is an important supplier of oil and gas to the global market, and almost all oil and gas produced on the Norwegian shelf is exported.