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Norway oil industry set to invest record amount in 2025
- Statistics Norway reported that total investments in Norway’s oil and gas sector will reach $26.6 billion in 2025, setting a record high.
- This increase follows a rise in investments due to the 2020 oil tax package, inflation, and supply chain costs boosting investment values.
- Higher spending on operating fields drives the 6% quarter-on-quarter investment growth, while investments in field development moderately decline.
- Statistics Norway highlighted that spending on producing fields is anticipated to remain very high, with projections indicating a decline to $20.5 billion by 2026.
- The Norwegian Offshore Directorate forecasts a gradual production decline in coming years, reliant on new discoveries and developed resources.
9 Articles
9 Articles
Norway’s Oil and Gas Investment Set for Record High in 2025
Investments in Norway’s oil and gas sector are set to hit a record high this year, led by increased investments in operating fields, Statistics Norway said on Tuesday in its latest survey of companies’ investment plans. The quarterly survey of investment plans showed that total investments in oil and gas activity in Norway in 2025, including pipeline transportation, are estimated at $26.6 billion (269 billion Norwegian crowns), up by 6% compared…
In the spring of the year, the Norwegian sovereign fund has published an update on the alarm that received less attention than it should have. The NBIM (Norgos Bank Investment Management), which administers US$ 1.8 trillion or (R$ 10.2 trillion is) generated by oil leo pas recipes, stated that the financial sector may be seriously underestimating the risks f sycos associated with changing the weather. Read more (05/28/2025)
Norway, Oil Investment Boom in 2025, But the Party Is Almost Over - Economic Scenarios
Investment in Norway's oil and gas sector will reach a record high this year, driven by increased investment in producing fields , Statistics Norway said on Tuesday in its latest survey of companies' investment plans. The quarterly survey of investment plans showed that total investment in oil and gas activities in Norway in 2025, including pipeline transportation, is estimated at USD 26.6 billion (NOK 269 billion), up 6 percent from the previou…
Oil and gas are the largest sector of the Nordic country's economy
The energy balance shows total production, transformation and use of all energy products within Norwegian territory. It shows the production and use of different energy products for different purposes, and whether the energy products are extracted from renewable or non-renewable sources. The energy account shows all energy products produced and used by industries in the Norwegian economy, including abroad. Also included are figures for energy in…
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