Being a large exporter of both oil and gas, Norway plays an important role as a reliable supplier to the world’s energy markets. Norway is the world’s sixth largest supplier of crude oil and second largest exporter of natural gas.
Norway is also a substantial exporter of petroleum related goods and services. The Norwegian based service and supplier industry has grown its international sales by almost 25% from 2007 to 2009. International sales have reached a level of almost NOK 120 billion or about USD 20 billion. Considering the recent turbulence in the world economy, this is quite impressive.
This issue contains a series of articles to give you more in-depth understanding of Norway’s present focus and activities. In the second half of the magazine you will find cutting-edge Norwegian companies within the oil and gas industry that provide their products or services to the global market.