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Facts about fields,discoveries, companies, production, remaining reserves - Norwegian oil and gas

Petroleum resources

Norway is an important supplier of oil and gas to the global market.

Maps and downloads

Download tables, graphs, illustrations and maps.

Environment and technology

The Norwegian petroleum industry has very high environmental and climate standards compared with those in other countries.

Framework

The overall objective of Norway’s petroleum policy is to provide a framework for the profitable production of oil and gas in the long term.

Production and exports

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.

Economy

The oil and gas sector plays a vital role in the Norwegian economy.

Cultural cooperation in the High North

The Ministry of Culture supports cultural collaboration in Norway’s three northernmost counties, and internationally, through its funding of Norwegian-Russian cultural cooperation projects and other international initiatives.

International cultural cooperation

The Ministry of Culture and Equality is responsible for Nordic and multilateral cultural cooperation, whilst the Ministry of Foreign Affairs is responsible for bilateral cultural cooperation and promoting Norwegian arts and culture abroad.

European cooperation

EEA Grants The EEA Grants are Norway’s, Iceland’s and Liechtenstein’s contribution towards reducing economic and social disparities in Europe. Funding is provided to 15 beneficiary states in Central and Southern Europe within a variety of different

The economy

In the Government, it is the Minister of Finance’s responsibility to draw up and coordinate economic policy. The Ministry of Finance acts as the secretariat for the Minister of Finance. It is the political authorities - the Government and the

Meld. St. 15 (2017–2018) - A full life - all your life

A Quality Reform for Older Persons

Exploration

Around 47 % of all the remaining resources on the shelf are undiscovered.

Developments and operations

In the 50 years since Norwegian petroleum activities began, about 45 percent of the estimated total recoverable resources on the continental shelf have been produced and sold from a total of 108 fields.

The Petroleum Taxation Act

Act of 13 June 1975 No. 35 relating to the Taxation of Subsea Petroleum Deposits, etc. (the Petroleum Taxation Act). Last amended by Act of 21 June 2013 No. 66.

Forests and climate

Forests contribute positively to a sustainable climate balance, both as a carbon sink and a renewable resource that can replace alternatives more harmful to the climate.

ENOVA

Enova SF is a state enterprise owned by the Ministry of Climate and Environment.

Web page: https://www.enova.no/about-enova/

Meld. St. 14 (2017–2018) - Financial Markets Report 2018

Meld. St. 14 (2017–2018) Report to the Storting (white paper) Summary

Norway’s Seventh National Communication

Under the Framework Convention on Climate Change

This report is Norway’s seventh national communication on national circumstances, policies and measures related to climate change under the Framework Convention on Climate Change (UNFCCC).