This preview shows page 1. Sign up to view the full content.
Unformatted text preview: n in current terms.
Investments in 2006 amounted to NOK 95.7 billion, or 24% of the country's
total real investments.
In spite of more than 30 years of production, only around one third
of the total expected resources on the Norwegian continental shelf have
10 Total E&P Norge AS. Available on: <www.total.no>.
ConocoPhillips Norge. Available on: <www.conocophillips.no>.
ExxonMobil. Available on: <www.exxonmobil.com/Norway>.
© Ifri F. Harbo / The European Gas and Oil Market been produced. Norwegian oil production has remained at a plateau level
of about 3 million bpd since 1995. In a few years, oil production is expected
to gradually decrease, but because of increasing gas production, total
petroleum production will grow in the coming years. Representing
approximately 35% of the total Norwegian petroleum production in 2006,
gas production will probably increase its share to more than 50% in 2013.
In the longer term, the number and size of new discoveries w...
View Full Document
This document was uploaded on 03/30/2014.
- Summer '14