1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Energy Market Trends
  5. > Norway Oil and Gas Report Q3 2014

Norway Oil and Gas Report Q3 2014

  • July 2014
  • -
  • Business Monitor International
  • -
  • 144 pages

Summary

Table of Contents

Search Inside

Includes 3 FREE quarterly updates

BMI View:
Efforts to slow the decline rate of Norway's oil output are beginning to pay off, with the country
registering a drop of 5.1% in 2013 over 2012. Despite this being less than previous years, Norway still registered its 12th consecutive year of oil decline. The gas outlook offers more stability with production expected to stabilise at over 100bn cubic metres (bcm) a year over the forecast. The country's excellent operating environment, combined with strong prospectivity in both mature and frontier basin areas are sustaining interest in the hydrocarbon sector. This is expected to drive a return to oil production growth by
2019. However, we note that growing industry costs, combined with limited incentives to develop marginal fields and improve recovery rates, could hinder investment and production growth over our forecast.

The main trends and developments we highlight in Norway's oil and gas sector are:
- Gas demand from Norway's largest European markets has fallen due to unfavourable gas-fired power generation economics and warm weather, leading Norway to produce less gas in 2013.
- Gas production for 2014 is expected to come in slightly lower than in 2013 with estimated production of 106.6bn cubic metres (bcm).

Find all the market research you need - instantly, in one place.

+1.2 Million Research Documents & Statistics +200,000 Trusted Public Sources 350 Industries With Global Coverage

Get This Report

24/7 Customer Support

Talk to Louis

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers

Natural Gas Compressors, Natural Gas Engines, Gas Turbines, Centrifugal Gas Compressors Market - Asia and MEA Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023

Natural Gas Compressors, Natural Gas Engines, Gas Turbines, Centrifugal Gas Compressors Market - Asia and MEA Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023

  • $ 7 995
  • Industry report
  • July 2015
  • by Transparency Market Research

Rising population worldwide, economic growth across developing countries, improving living standards and lifestyle changes have spiraled the energy consumption worldwide. As a result, expenditure on energy ...

LNG Yearbook 2015: The Definitive Reference Guide to the Liquefied Natural Gas Infrastructure Market 2015-2025Capex on Large-Scale Onshore Liquefaction & Regasification, Floating LNG (FLNG), Small-Scale LNG and LNG Carriers

LNG Yearbook 2015: The Definitive Reference Guide to the Liquefied Natural Gas Infrastructure Market 2015-2025Capex on Large-Scale Onshore Liquefaction & Regasification, Floating LNG (FLNG), Small-Scale LNG and LNG Carriers

  • $ 7 436
  • Industry report
  • July 2015
  • by Visiongain

Report Details If you are part of the Liquefied Natural Gas (LNG) industry, you must have this definitive reference guide. Visiongain’s new 813 page LNG Yearbook 2015 from business intelligence provide ...

EOR Yearbook 2015: The Definitive Reference Guide to the Enhanced Oil Recovery Market 2015-2025: Forecasts, Company Financials. Projects & Contracts for Chemical, Gas & Thermal Technologies

EOR Yearbook 2015: The Definitive Reference Guide to the Enhanced Oil Recovery Market 2015-2025: Forecasts, Company Financials. Projects & Contracts for Chemical, Gas & Thermal Technologies

  • $ 7 436
  • Industry report
  • June 2015
  • by Visiongain

Report Details If you are involved with Enhanced Oil Recovery (EOR), you must have this definitive reference guide. This brand new 532 page yearbook from business intelligence provider visiongain compiles ...


ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.