Gas
Norway’s Oil and Gas Industry Faces a Major Decline Without New Discoveries
CEII brief
OilPrice.com reported on 6 Nov 2026: Norway’s Oil and Gas Industry Faces a Major Decline Without New Discoveries.
Read the full story on OilPrice.comFor more than half a century, Norway’s oil and gas production has been underpinned by a handful of very large discoveries, the last of which, Wisting in the Barents Sea, was made more than a decade ago.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
0.6% of electricity in Norway came from gas in 2025Countries in this story
Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
