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Carbon HubCountry × industry → Norway · Oil & gas production
Data layer · est. 2023

Oil & gas production in Norway: emitters, CO2 & carbon value

9 tracked facilities, ≈30,700,969 t CO2/yr combined — here are the largest, what that CO2 is worth at current prices, and the sector's reduction pathway. Full sector pathway: decarbonizing oil & gas production.

The numbers

Oil & gas production in Norway at a glance

MetricValueNote
Facilities tracked9with CO2 estimates
Total est. CO230,700,969 t/yrClimate TRACE 2023
Average per facility3,411,219 t/yr
Gross value (full price)€2,456M/yrall tracked CO2 × €80.01/t EUA — before free allocation / EU-bound share

Carbon pricing here: Carbon tax ≈€100/t (2025, World Bank State & Trends of Carbon Pricing 2025 / ICAP 2025) + EU ETS membership via EEA. Current benchmark: €80.01/t (July 13, 2026). Full country page: carbon price in Norway.

Largest emitters

Top 9 oil & gas production CO2 emitters in Norway

#FacilityOwnert CO2/yr (est. 2023)Indicative value
1Norway_Northern North Sea_Conventional shelfEquinor Energy AS19,121,165€1,529.9M
2Norway_Voring_Conventional shelfOKEA ASA6,840,500€547.3M
3Norway_Central Graben_Conventional shelfAker BP ASA1,562,091€125.0M
4Norway_West Barents Sea_LNG1,081,894€86.6M
5Norway_More_Deepwater769,324€61.6M
6Norway_Voring_Deepwater713,292€57.1M
7Norway_West Barents Sea_Conventional shelf299,816€24.0M
8Norway_Northern North Sea_Heavy oil222,860€17.8M
9Norway_Norwegian - Danish_Conventional shelf90,027€7.2M

Climate TRACE satellite estimates via IndustryAtlas — modelled, not verified; some entries aggregate clusters. Corrections welcome.

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Same industry, other countries
Other industries in Norway
FAQ

Questions

How many oil & gas production facilities does Norway have with tracked emissions?
9 facilities carry satellite-based CO2 estimates in our dataset (Climate TRACE 2023), totalling ≈30,700,969 t CO2/yr.
What is the largest oil & gas production emitter in Norway?
Norway_Northern North Sea_Conventional shelf — ≈19,121,165 t CO2/yr (est. 2023). Estimates are modelled, not verified declarations.
What would this CO2 cost at the EU price?
The gross full-price value is ≈€2,456M/yr (all tracked CO2 × €80.01/t EUA). Actual EU ETS cost is lower — free allocation still covers most industrial emissions, phasing out 2026→2034.
How this page is built: heat-loss figures follow ASTM C680 / ISO 12241 (the method behind our public calculators); facility emissions from Climate TRACE & EU ETS verified data across 30,000+ industrial sites; the 2026–2034 schedule is Regulation (EU) 2023/956, not a forecast. Published by Inzonex Research. Spotted an error? Tell us — we correct on evidence.
Source: Inzonex Carbon Hub — inzonex.co.uk/carbon · prices dated as shown on each figure · schedule per Regulation (EU) 2023/956 · indicative analytics, not compliance advice.