Oil & Gas in Norway

January 2024 | 50 pages | ID: O9B99AD83120EN
MarketLine

Abstracts

Oil & Gas in Norway

Summary

Oil & Gas in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country. The value of the oil segment reflects the total volume of refined petroleum products, including refinery consumption and losses, multiplied by the average retail price of gasoline and diesel taken together. The value of the gas segment is calculated as the total volume of natural gas consumed multiplied by the retail price of natural gas.
• The Norwegian oil & gas market recorded revenues of $24.6 billion in 2023, representing a compound annual growth rate (CAGR) of 1% between 2018 and 2023.
• Market consumption volume increased with a CAGR of 4.5% between 2018 and 2023, to reach a total of 117.4 million BoE in 2023.
• The contraction in the oil & gas market in recent years can be attributed to the growing sales of electric vehicles. According to MarketLine, the Norwegian hybrid and electric cars market stood at $9.1 billion in 2023, an increase of 7.4% from the previous year.

Scope

• Save time carrying out entry-level research by identifying the size, growth, and leading players in the oil & gas market in Norway
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Norway
• Leading company profiles reveal details of key oil & gas market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Norway oil & gas market with five year forecasts

Reasons to Buy

• What was the size of the Norway oil & gas market by value in 2023?
• What will be the size of the Norway oil & gas market in 2028?
• What factors are affecting the strength of competition in the Norway oil & gas market?
• How has the market performed over the last five years?
• How large is Norway’s oil & gas market in relation to its regional counterparts?

Contents

Table of Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What are the most recent market developments?

8 COMPANY PROFILES

8.1. Exxon Mobil Corporation
8.2. TotalEnergies S.E.
8.3. ConocoPhillips
8.4. Equinor ASA.

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Norway oil & gas market value: $ million, 2018-23
Table 2: Norway oil & gas market category segmentation: % share, by value, 2018-2023
Table 3: Norway oil & gas market category segmentation: $ million, 2018-2023
Table 4: Norway oil & gas market geography segmentation: $ million, 2023
Table 5: Norway oil & gas market value forecast: $ million, 2023-28
Table 6: Exxon Mobil Corporation: key facts
Table 7: Exxon Mobil Corporation: Annual Financial Ratios
Table 8: Exxon Mobil Corporation: Key Employees
Table 9: Exxon Mobil Corporation: Key Employees Continued
Table 10: TotalEnergies S.E.: key facts
Table 11: TotalEnergies S.E.: Annual Financial Ratios
Table 12: TotalEnergies S.E.: Key Employees
Table 13: ConocoPhillips: key facts
Table 14: ConocoPhillips: Annual Financial Ratios
Table 15: ConocoPhillips: Key Employees
Table 16: ConocoPhillips: Key Employees Continued
Table 17: Equinor ASA.: key facts
Table 18: Equinor ASA.: Annual Financial Ratios
Table 19: Equinor ASA.: Key Employees
Table 20: Norway size of population (million), 2019-23
Table 21: Norway gdp (constant 2005 prices, $ billion), 2019-23
Table 22: Norway gdp (current prices, $ billion), 2019-23
Table 23: Norway inflation, 2019-23
Table 24: Norway consumer price index (absolute), 2019-23
Table 25: Norway exchange rate, 2019-23

List Of Figures

LIST OF FIGURES

Figure 1: Norway oil & gas market value: $ million, 2018-23
Figure 2: Norway oil & gas market category segmentation: $ million, 2018-2023
Figure 3: Norway oil & gas market geography segmentation: % share, by value, 2023
Figure 4: Norway oil & gas market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the oil & gas market in Norway, 2023
Figure 6: Drivers of buyer power in the oil & gas market in Norway, 2023
Figure 7: Drivers of supplier power in the oil & gas market in Norway, 2023
Figure 8: Factors influencing the likelihood of new entrants in the oil & gas market in Norway, 2023
Figure 9: Factors influencing the threat of substitutes in the oil & gas market in Norway, 2023
Figure 10: Drivers of degree of rivalry in the oil & gas market in Norway, 2023