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The Shelf

Each year, in January, the Norwegian Petroleum Directorate presents The Shelf – a summary of the past year; including results from exploration and production activity, along with investment and production forecasts for the next five years.

The Shelf in 2018 - Barely halfway through the Norwegian oil and gas story

The Norwegian Petroleum Directorate’s forecasts show that, after a minor decline in 2019, oil and gas production will increase from 2020 and up to 2023. Overall production will then approach the record year of 2004.


The Shelf 2017 - High activity on the shelf

Never before has so much gas been sold from the Norwegian shelf as was the case in 2017. Oil production was down slightly; nevertheless, overall production rose for the fourth straight year.


 

Updated: 14/03/2019