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Oil and Gas

Meeting on Petroleum Cooperation held between Norwegian and Nigerian Ministers

02/11/2007 :: The Norwegian Deputy Minister of Petroleum and Energy, Liv Monica Stubholt, met with her Nigerian counterpart the Minister of State for Energy (Petroleum), Mr. Odein Ajumogobia, in Abuja on October 29, 2007. The purpose of their meeting was to exchange views with regard to the world energy market, national challenges in the petroleum sector and the bilateral cooperation between the two countries. + More

Trade & Industry

Norway and Russia share energy knowledge

Statoil26/10/2007 :: Norway and Russia strengthen a sustainable collaboration in the energy sector in the High North. The Norwegian energy corporation StatoilHydro signed an agreement on October 25 on energy cooperation to develop the Russian Shtokman field. + More

Trade & Industry

Norwegian Gold in the Barents Sea

15/01/2007 :: Due to its vast natural resources, the importance of the High North stretches far beyond Norway’s borders. A recent article in Newsweek International highlights the strategic importance of Norway and the High North as a future European gas province. + More

Trade & Industry

Merger between Statoil and Hydro

Photo: Statoil20/12/2006 :: The Norwegian companies Hydro and Statoil are merging their oil and gas operations to form the world’s largest offshore operator. + More

Trade & Industry

The petroleum sector

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

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