Norway’s petroleum revenues reached a record-high in 2021, thanks to rising commodity prices, growing global demand, and high production from 94 offshore fields, the Norwegian Petroleum Directorate (NPD) said on Thursday. Stable high production from Norway’s continental shelf is expected to continue over the next few years, the authority said in its Shelf 2021 overview presented today. In the fourth quarter of 2021, the export value of Norway’s oil and gas exceeded $11.5 billion (100 billion Norwegian crowns) in each of the months, three times the export value in the same period of 2020, according to the ... (full story)