European Petroleum and Natural Gas Extraction Support Activities Number of Enterprises by Country

The data from 2023 indicates that the Netherlands leads Europe in the number of enterprises supporting petroleum and natural gas extraction, with a positive growth of 7.33%. Norway also experienced slight growth, while the United Kingdom saw a decline of 2.28%. Conversely, smaller markets like Bulgaria increased by 4.56%, whereas France and Estonia experienced significant contractions. Estonia witnessed a complete cessation of enterprises, decreasing by 100%, and Sweden faced the steepest decline among more established markets at 9.71%.

Future trends to watch for include the potential growth of enterprises in Eastern European countries like Poland and Romania, and possible further declines in Western European countries, especially focusing on the effects of energy transitions and regulatory changes. Environmental policies, particularly in Norway and France, may also impact enterprise numbers as green energy obligations reshape the industry.