Merger between Statoil and Hydro

The petroleum industry is very important to Norway. The industry accounts for a third of state income (2005 figures). Around 80 000 people are employed by petroleum-related businesses, and the knock-on effects on other industries are ... + More

10/10/2006 :: More than 500 representatives from the world’s resource rich countries will meet in Oslo 16-17 October 2006 to take the Extractive Industries Transparency Initiative (EITI) to the next level. + More

Twenty billion barrels of oil have been pumped up from the Norwegian continental shelf since production started in June 1971. It all began at the Ekofisk field, which in 2006 is Norway's most productive oil and gas field and a national cultural heritage monument. + More

26/07/2005 :: Norway is the world’s third largest exporter of both oil and gas. Its role as an oil and gas nation is important for the country’s economy as well as for the energy supply security of our trading partners. + More