Norway is a maritime nation and has built up wide-ranging know-how on energy and marine resources. Norwegian experts have developed technology for sustainable development of natural resources. Our areas of expertise include renewable hydropower, fish and seafood, offshore oil and gas production, and fisheries and energy aid to developing countries.
Knowledge about the oceans and the resources they provide will continue to be vital for future generations. We must establish sound regimes for resource use so that the blue economy can grow sustainably. This means working towards high environmental standards that are enforced both nationally and internationally.
In 2017, the Government presented a new ocean strategy. It takes as a starting point Norway’s history as a maritime nation, and focuses on the sustainable use and development of the oceans.
- ensure access to affordable, reliable, sustainable and modern energy for all
- find solutions for meeting the world’s energy needs and share our knowledge and expertise
- ensure well-functioning international energy markets, global energy supplies and European energy security
- ensure effective implementation of the law of the sea and environmental legislation at both national and international level
- ensure that value creation in the blue economy is based on sustainable use of marine resources
Oil and gas 40 % of exports
The total export value of crude oil and natural gas in 2015 was around NOK 450 billion. This is approximately 40 % of the total value of Norway’s exports.
Oil for Development
Norway has long experience of managing petroleum resources in a way that promotes sustainable economic growth and Norwegian welfare. We are now sharing this experience with 12 other countries through the Oil for Development programme.
Major hydropower producer
Norway is the world’s sixth largest hydropower producer, and the largest in Europe.
- highlighting the importance of the oceans as a source of food and energy
- using our energy resources, seas and marine resources sustainably
- promoting the development of sustainable solutions for resource use
- promoting the development of expertise on sustainable and integrated marine management
- playing a leading role in the fight against marine litter and microplastics in the oceans
Huge areas of the oceans are still largely unexplored, and are likely to provide the world with minerals and other as yet undiscovered resources.
Researchers are concerned about the increasing amounts of plastic waste in the seas, and the consequences this will have for marine life.
36 million seafood meals a day
In 2015, Norway exported an average of 36 million seafood meals every day.
Cooperation with the EU
- Norway is fully integrated into the internal energy market under the EEA Agreement.
- Norway exports nearly 95 % of its gas production and 98 % of its oil production to the European markets. About a third of the EUs natural gas imports comes from Norway, second in volume only to Russian gas. Norwegian natural gas can play an important role in the transition to a low-carbon economy.
- Norway is among the world’s largest hydropower producers and trades power extensively with neighbouring Nordic countries and with continental Europe.
- Norway is a major seafood producer, and the EU is Norway’s main market. In 2016, two thirds of Norway’s record €10 billion worth in seafood exports went to the EU. Poland is the top country market while France is the top consumer.
- Although Norway has jurisdiction over and access to vast sea areas and fisheries resources, as much as 90 percent of stocks are shared with other countries and entities. Norway and the EU have entered into agreements to ensure sustainable harvesting of joint stocks, and regularly discuss topics such as total allowable catch (TAC), stock management, reciprocal access to fisheries zones and quota exchanges.