OG21 Strategy - A New Chapter

The Norwegian petroleum industry participates in the energy transition

The Norwegian petroleum industry's contributions to the energy transition and a zero-emission society include three elements:

  • De-carbonatization of the petroleum production phase as described in Konkraft's roadmap (Konkraft, 2020), (Konkraft,2021), see Section 3.
  • De-carbonization of petroleum value chains, which in addition to abating CO2-emissions, also could contribute to securing the future market for natural gas.
  • Participation in and transfer of competence and solutions to emerging low-carbon industries.

The three elements combined will strengthen the competitiveness of the petroleum industry and contribute to offset potential consequences of possibly reduced production and investments in the industry.

Meldinger ved utskriftstidspunkt 2. desember 2022, 10.25 CET

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