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Production from the oil field discovered in December 1969 began on 15 June 1971; this was the first production of North Sea oil. Norway's state-owned oil production company was formed in 1972. The oil industry of Norway would be centred in Stavanger. Production in the Norwegian Sea began in 1993, and that in the Barents Sea began in 2007.
The oil industry and government strategy in the North Sea (1980) Page, S. A. B. "The Value and Distribution of the Benefits of North Sea Oil and Gas, 1970—1985." National Institute Economic Review 82.1 (1977): 41–58. Shepherd, Mike. Oil Strike North Sea: A first-hand history of North Sea oil. Luath Press (2015). Toye, Richard. "The New ...
The historical production figures are from the Norwegian petroleum directory website. It is the sum of "crude oil", "Natural gas liquids" and "Condensate" columns. The Norwegians publish data using metric units (production is in million cubic meters per years) so the data is here converted into oilfield units (million barrels per day) using 1 ...
Oseberg (Norwegian: Osebergfeltet) is an offshore oil field with a gas cap in the North Sea located 140 km (87 mi) northwest of the city of Bergen on the southwestern coast of Norway. [1] The field, which is 25 km long by 7 km wide, [ 2 ] was discovered in 1979 and its development is known to be one of the significant milestones in emergence of ...
This was the first discovery of oil after the drilling of over 200 exploration wells in the North Sea "triggered" by the Groningen gas field discovery. [2] In 1971, Phillips started producing directly to tankers from four subsea wells. [3] Oil production is planned to continue until 2048; [4] concessions given, yet expected to continue beyond ...
In the aftermath of the 2022 Nord Stream pipeline sabotage, Norway became the leading natural gas supplier to the European Union.According to Lukas Trakimavičius, an energy security expert from the Center for European Policy Analysis, there is a risk that hostile actors could try to negatively affect the European Union's natural gas security by targeting Norway's offshore gas infrastructure.
Norwegian energy giant Equinor is halving investment in renewable energy over the next two years while increasing oil and gas production. Chief executive Anders Opedal said that the transition to ...
Template: History of Norway. ... Heroic Age of Antarctic Exploration 19th–1922; Polar exploration 1892–2008; ... Oil industry 1966 ...