Available on wwwtotalno conocophillips norge available

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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>. 12 ExxonMobil. Available on: <www.exxonmobil.com/Norway>. 11 12 © 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...
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This document was uploaded on 03/30/2014.

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