Norway's oil and gas output will fall towards 2030, regulator says

Core Insights - Norway's offshore oil and gas output is expected to remain broadly steady in 2026, indicating stability in production levels [1] - However, investments in the sector are projected to decline by 6.6%, suggesting a slowdown in activity and potential challenges for future production [1] Industry Summary - The offshore oil and gas sector in Norway is facing a period of steady output, which may not translate into increased investment levels [1] - The anticipated 6.6% drop in investments could lead to declining production towards the end of the decade, highlighting a potential shift in industry dynamics [1]