Norwegian petroleum

Everything you need to know about Norwegian petroleum activities
Everything you need to know about Norwegian petroleum activities

Explore the Norwegian continental shelf

Ekofisk South

Did you know that...

...Norway is a significant exporter of natural gas, and supplies between 20 and 25 per cent of the EU gas demand?

> 115 fields

Since the start, 115 fields on the Norwegian shelf have produced oil and gas. At year-end 2020, 90 fields were in production.

94 discoveries

At year-end 2020, about 94 discoveries were being considered for development. Most of them are small and will be developed as satellites to established fields.

87 bn. NOK

The government’s estimated total net cash flow from petroleum activities in 2020. This includes taxes, fees, dividend and SDFI.

226 mill. Sm3 o.e.

Norway's production was about 226 mill. Sm3 o.e. in 2020. About half of the volume is natural gas.

333 bn. NOK

The export value of crude oil, natural gas and condensate in 2020. This equals 42 per cent of the total value of Norway’s exports of goods.

150 bn. NOK

Investments in the petroleum sector accounted for about 1/5 of total investments in productive capital in Norway in 2020.

51% remains

Total petroleum resources are estimated at 15.8 billion Sm3 o.e. Only 49 per cent has been produced, sold and delivered.

8800 KM

The total length of the Norwegian gas pipeline network is about 8800 kilometres, which is roughly the distance from Oslo to Bangkok.

225 000

Total employment in the petroleum sector in 2017 was about 225 000 people.