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...

...the government's total net cash flow from the petroleum industry in 2022 is estimated to 933 bn. NOK?

The government's revenues

> 119 fields

Since the start, 119 fields on the Norwegian shelf have produced oil and gas. At year-end 2021, 94 fields were in production.

88 discoveries

At year-end 2021, about 88 discoveries were being considered for development. Most of them are small and will be developed as satellites to established fields.

933 bn. NOK

The government’s estimated total net cash flow from petroleum activities in 2022. This includes taxes, fees, dividend and SDFI.

231 mill. Sm3 o.e.

Norway's production was about 231 mill. Sm3 o.e. in 2021. About half of the volume is natural gas.

832 bn. NOK

The export value of crude oil, natural gas and condensate in 2021. This equals 60 per cent of the total value of Norway’s exports of goods.

147 bn. NOK

Investments in the petroleum sector accounted for about 1/5 of total investments in productive capital in Norway in 2021.

50% remains

Total petroleum resources are estimated at 15.9 billion Sm3 o.e. Only 50 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.

200 000

Total employment in the petroleum sector in 2020 was about 200 000 people.