For more information, go to the sections on the North Sea and the UK. |
Address at the Transatlantic symposium on how changes in the Arctic climate are affecting the rest of the worldSteep Declines of Norwegian Oil Production Continues [2006 October]
"The blog http://energikrise.blogspot.com/ recently posted an update with illustrative diagrams of the development in Norwegian (regular) oil production based on historical data as of August 2006 from NPD (Norwegian Petroleum Directorate)."Norway is presently the world's third largest net exporter of oil.
"In the post it is documented that for the Norwegian fields starting to flow prior to 2001/2002 the collective year over year relative decline rate has been running between 13 and 15 % for more than a year!"
Norway Can't Help Curb Crude Prices [2000 September 1]
"Norway's offshore oil fields are already running at full capacity, so the world's second largest oil exporter can do nothing more to increase supply and help curb soaring prices, the oil minister said."`We have no available capacity,' oil minister Olav Akselsen told reporters Friday at a news conference. Oil prices are now nearing 10-year highs...."