Oil and gas
FollowDownload sector report (PDF)320 companies ranked against comparable companies in four Morning company classes. Fiscal year 2025. Source: Brønnøysund Register Centre. Methodology
Ranking · 2025 · Morning class Large
The rank is the rank in the class. A class with fewer than ten companies is compared with the whole sector. Full ranking · Press mode
Biggest moves · Morning class Large
- EQUINOR REFINING NORWAY AS+72
From 2024 to 2025: the operating margin rose from −49.8% to 76.2% and the equity ratio rose from 15.9% to 62.2%.
- SEA1 OFFSHORE REDERI AS+46
From 2024 to 2025: the operating margin rose from 41.2% to 63.5% and the equity ratio rose from 31.1% to 65.3%.
- OKEA ASA−34
From 2024 to 2025: the operating margin fell from 44.1% to −4.3% and went from a profit to a loss before tax.
- PANDION ENERGY AS+32
From 2024 to 2025: the equity ratio rose from 11.8% to 41.8% and the operating margin fell from 41.0% to 37.8%.
Olje og gass, Morning class Large: 91 ranked companies in fiscal year 2025.
Best in the sector: SEA1 OFFSHORE REDERI AS (score 85, operating margin 63.5%, equity ratio 65.3%). CAPEOMEGA GAS TRANSPORTATION AS (score 85, operating margin 98.5%, equity ratio 98.7%). EQUINOR REFINING NORWAY AS (score 85, operating margin 76.2%, equity ratio 62.2%).
Weakest in the sector: NORTHERN OCEAN WIND AS (score 11, operating margin −1.5%, equity ratio −2.3%). TRANSOCEAN NORWAY OPERATIONS AS (score 13, operating margin −8.2%, equity ratio −3.6%). LIME PETROLEUM AS (score 15, operating margin −7.0%, equity ratio −15.3%).
Worth a closer look
- The median operating margin rose from 7.8% in 2024 to 10.5% in 2025 (2.7 percentage points).
- The median equity ratio rose from 21.5% in 2024 to 23.1% in 2025 (1.6 percentage points).
- The median revenue growth fell from 7.0% in 2024 to 6.5% in 2025 (0.5 percentage points).
- The share with a loss went from 13% in 2024 to 15% in 2025.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
Top lists in the sector · 2025 · Morning class Large
The five largest companies account for 73% of the sector's revenue. Combined profit before tax for the 90 ranked companies: 313,058 MNOK.
Highest revenue
- EQUINOR ASA 706,144 MNOK
- AKER BP ASA 113,711 MNOK
- VÅR ENERGI ASA 84,127 MNOK
- TOTALENERGIES EP NORGE AS 61,500 MNOK
- AKER SOLUTIONS ASsubsidiary of AKER SOLUTIONS HOLDING AS 59,801 MNOK
Operating revenue.
Highest operating margin
- CAPEOMEGA GAS TRANSPORTATION AS 98.5%
- EQUINOR MURZUQ AS 87.9%
- A/S Norske Shell 81.2%
- EQUINOR REFINING NORWAY AS 76.2%
- EQUINOR IN SALAH AS 72.8%
Operating result divided by operating revenue.
Largest profit
- EQUINOR ASA 63,636 MNOK
- AKER BP ASA 47,883 MNOK
- VÅR ENERGI ASA 44,755 MNOK
- TOTALENERGIES EP NORGE AS 40,674 MNOK
- HARBOUR ENERGY NORGE AS 24,438 MNOK
Profit before tax.
Largest loss
- SCHLUMBERGER NORGE AS −3,169 MNOK
- REPSOL NORGE AS −1,433 MNOK
- LIME PETROLEUM AS −459 MNOK
- TRANSOCEAN NORWAY OPERATIONS AS −364 MNOK
- OKEA ASA −342 MNOK
Profit before tax, the largest negative.
Most solid
- CAPEOMEGA GAS TRANSPORTATION AS 98.7%
- OCEANEERING AS 85.7%
- BILFINGER ISP OFFSHORE NORWAY AS 79.7%
- EQUINOR IN AMENAS AS 72.8%
- DNO IRAQ ASsubsidiary of DNO ASA 71.2%
Equity ratio: equity divided by total assets.
Fastest growth
- DOF SUBSEA NORWAY AS +142.4%
- DOF SUBSEA CHARTERING AS +110.0%
- ALLSEAS NORWAY AS +95.4%
- ENHANCED DRILLING AS +81.4%
- EQUINOR REFINING NORWAY AS +63.7%
Revenue growth from the year before, only from at least NOK 10 million in revenue.
Largest revenue decline
- DNO NORGE AS −75.9%
- EQUINOR ANGOLA BLOCK 31 AS −61.1%
- EQUINOR ANGOLA BLOCK 15 AS −55.2%
- ARCHER AS −27.9%
- BEERENBERG SERVICES AS −26.1%
Revenue decline from the year before, only from at least NOK 10 million in revenue.
Biggest climbers
- EQUINOR REFINING NORWAY AS +71.2 points
- SEA1 OFFSHORE REDERI AS +46.3 points
- PANDION ENERGY AS +32.2 points
- RIG LINUS CONTRACTOR AS +28.8 points
- DOF SUBSEA CHARTERING AS +25.8 points
Change in index points from the year before.
Biggest fallers
- OKEA ASA −33.4 points
- PSW TECHNOLOGY AS −26.7 points
- LIME PETROLEUM AS −26.1 points
- REPSOL NORGE AS −25.2 points
- TRANSOCEAN NORWAY OPERATIONS AS −19.0 points
Change in index points from the year before.
Most employees
- EQUINOR ASA 21,231
- AKER SOLUTIONS ASsubsidiary of AKER SOLUTIONS HOLDING AS 8,853
- AKER BP ASA 3,127
- HALLIBURTON AS 2,643
- SCHLUMBERGER NORGE AS 2,490
Employees according to the Central Coordinating Register.
Highest revenue per employee
- TOTALENERGIES EP NORGE AS 661.3 MNOK
- ORLEN UPSTREAM NORWAY AS 258.7 MNOK
- OMV NORGE AS 204.2 MNOK
- HARBOUR ENERGY NORGE AS 155.8 MNOK
- LIME PETROLEUM AS 93.2 MNOK
Only companies with at least 5 employees.
The lists cover ranked companies in the class: operating companies with at least NOK 1m in revenue, without holding companies and excluded ones. Size lists (revenue, profit, employees) count each group once. Source: Brønnøysund Register Centre. Amounts in other currencies are converted at Norges Bank's rates.
Positions in the sector · 2025 · Morning class Large
Each company is placed by profitability and solidity, measured as a place from 0 to 100 against the others in the same sector and Morning company class. The bubble shows revenue. Hover over or tap a bubble for the figures, filter by profile or search for a company.
Bubble size shows relative revenue, not exact figures. Dashed lines show where the 5 companies that moved most stood in 2024 (small ring).
- EQUINOR REFINING NORWAY AS profitability 2 → 88, solidity 35 → 93
- OKEA ASA profitability 75 → 9, solidity 15 → 9
- REPSOL NORGE AS profitability 62 → 2, solidity 29 → 24
- PANDION ENERGY AS profitability 55 → 85, solidity 28 → 78
- PSW TECHNOLOGY AS profitability 61 → 13, solidity 51 → 44
Lion · LeaderHigh profitability, high solidity
Cheetah · SprinterHigh profitability, lower solidity
Elephant · StewardLower profitability, high solidity
Beaver · BuilderLower profitability, lower solidity
Show the positions as a list
Summary · fiscal year 2025 · Morning class Large
The sector's median operating margin is 10.5%. 7 of 91 companies have negative equity. The median equity ratio is 23.1%.
All figures are for fiscal year 2025. Ranked: 91 operating companies. Holding companies, excluded companies and companies without enough data are shown but not ranked. How to read the index
The total counts each group once: 1 subsidiaries (386,771 MNOK in revenue) are left out of totals and size lists because their parent in the sector has at least as much revenue, so their sales can run through the parent. They are ranked as usual. Methodology
- 19 companies report in another currency. Their revenue is converted at the mean rate for the accounting period and makes up 70% of the total.
Climbers and fallers · Morning class Large
Change in rank from 2024 to 2025, for 86 companies ranked in both years.
Climbers
- 98EQUINOR REFINING NORWAY ASfrom rank 101 to 385
- 72SEA1 OFFSHORE REDERI ASfrom rank 73 to 185
- 66PANDION ENERGY ASfrom rank 79 to 1370
- 60RIG LINUS CONTRACTOR ASfrom rank 95 to 3554
- 56DOF SUBSEA CHARTERING ASfrom rank 97 to 4150
Fallers
- 49OKEA ASAfrom rank 35 to 8422
- 37PSW TECHNOLOGY ASfrom rank 41 to 7827
- 33REPSOL NORGE ASfrom rank 47 to 8026
- 30NOV PROCESS & FLOW TECHNOLOGIES ASfrom rank 39 to 6938
- 29DEEPOCEAN ASfrom rank 23 to 5247
Awards · 2025 · Morning class Large
Needs attention · 2025 · Morning class Large
41 companies show at least one warning sign. Showing the 15 most important.
- criticalTRANSOCEAN NORWAY OPERATIONS ASNegative equity · Current ratio below 1 (0.94) · Loss before tax
- criticalSONGA OFFSHORE RIG 3 ASNegative equity · Current ratio below 1 (0.74) · Loss before tax
- criticalLIME PETROLEUM ASNegative equity · Current ratio below 1 (0.83) · Loss before tax
- criticalNORTHERN OCEAN WIND ASNegative equity · Current ratio below 1 (0.98) · Loss before tax
- criticalEXPRO NORWAY ASNegative equity · Current ratio below 1 (0.60)
- criticalCIMC OFFSHORE ASNegative equity
- criticalM VEST ENERGY ASNegative equity
- watchKISTOS ENERGY (NORWAY) ASVery low equity ratio (1.4%) · Current ratio below 1 (0.59) · Loss before tax
- watchODFJELL WELL SERVICES NORWAY ASVery low equity ratio (6.2%) · Current ratio below 1 (0.93) · Loss before tax
- watchISLAND OFFSHORE MANAGEMENT ASVery low equity ratio (5.3%) · Current ratio below 1 (0.88) · Loss before tax
- watchVÅR ENERGI ASAVery low equity ratio (2.1%) · Current ratio below 1 (0.61)
- watchTOTALENERGIES EP NORGE ASVery low equity ratio (9.5%) · Current ratio below 1 (0.90)
- watchCONOCOPHILLIPS SKANDINAVIA ASVery low equity ratio (4.2%) · Current ratio below 1 (0.63)
- watchOMV NORGE ASVery low equity ratio (8.1%) · Current ratio below 1 (0.98)
- watchSCHLUMBERGER NORGE ASVery low equity ratio (8.9%) · Loss before tax
Sector map · 2025 · Morning class Large
Profitability against solidity for the ranked companies. Size shows revenue. Coral triangle: negative equity. Click to open the company. Outliers are placed on the edge.
Show the map's figures as a table
| Company | Operating margin | Equity ratio | Revenue |
|---|---|---|---|
| SEA1 OFFSHORE REDERI AS | 63.5% | 65.3% | 1,535 MNOK |
| CAPEOMEGA GAS TRANSPORTATION AS | 98.5% | 98.7% | 548 MNOK |
| EQUINOR REFINING NORWAY AS | 76.2% | 62.2% | 5,796 MNOK |
| ENHANCED DRILLING AS | 31.7% | 51.2% | 993 MNOK |
| EQUINOR MURZUQ AS | 87.9% | 57.5% | 1,288 MNOK |
| OMEGA SUBSEA AS | 16.7% | 61.6% | 874 MNOK |
| TCO NORWAY AS | 29.3% | 32.5% | 601 MNOK |
| OCEANEERING AS | 15.4% | 85.7% | 2,158 MNOK |
| EQUINOR IN SALAH AS | 72.8% | 51.4% | 5,057 MNOK |
| REACH SUBSEA SHIPPING AS | 14.0% | 35.0% | 1,038 MNOK |
| OLYMPIC HOLDING CHARTERING AS | 5.5% | 60.4% | 775 MNOK |
| EQUINOR ANGOLA BLOCK 31 AS | 69.3% | 44.9% | 1,233 MNOK |
| PANDION ENERGY AS | 37.8% | 41.8% | 2,432 MNOK |
| EQUINOR IN AMENAS AS | 42.5% | 72.8% | 2,116 MNOK |
| OCEAN INSTALLER AS | 23.2% | 29.3% | 4,113 MNOK |
| DOF SUBSEA NORWAY AS | 11.4% | 29.7% | 2,791 MNOK |
| ALLSEAS NORWAY AS | 2.5% | 32.7% | 1,325 MNOK |
| EQUINOR ANGOLA BLOCK 15 AS | 45.7% | 50.6% | 2,130 MNOK |
| TECHDOF BRASIL AS | 54.4% | 38.4% | 1,642 MNOK |
| INPEX IDEMITSU NORGE AS | 38.0% | 45.0% | 5,716 MNOK |
| HALLIBURTON AS | 5.6% | 36.5% | 13,401 MNOK |
| EQUINOR ENERGY AS | 67.4% | 38.3% | 386,771 MNOK |
| ODFJELL DRILLING AS | 27.7% | 27.6% | 1,079 MNOK |
| HARBOUR ENERGY NORGE AS | 57.3% | 21.9% | 46,275 MNOK |
| APL NORWAY AS | 13.8% | 54.6% | 873 MNOK |
| INTERWELL NORWAY AS | 15.6% | 49.9% | 1,904 MNOK |
| ODFJELL INVEST AS | 3.2% | 34.9% | 1,895 MNOK |
| BILFINGER ISP OFFSHORE NORWAY AS | 6.7% | 79.7% | 2,363 MNOK |
| DOF SUBSEA REDERI AS | 44.3% | 40.9% | 2,369 MNOK |
| SUBSEA 7 NORWAY AS | 15.5% | 25.3% | 11,398 MNOK |
| IKM TESTING AS | 10.5% | 35.5% | 1,935 MNOK |
| COSL OFFSHORE MANAGEMENT AS | −1.9% | 46.4% | 5,220 MNOK |
| ALTERA INFRASTRUCTURE PRODUCTION AS | 10.8% | 24.1% | 724 MNOK |
| JACKTEL AS | 34.1% | 47.1% | 728 MNOK |
| RIG LINUS CONTRACTOR AS | 11.9% | 14.7% | 943 MNOK |
| ORLEN UPSTREAM NORWAY AS | 44.0% | 28.0% | 28,457 MNOK |
| KANFA AS | 1.9% | 29.4% | 503 MNOK |
| CIMC OFFSHORE AS | 25.8% | −13.5% | 1,288 MNOK |
| KAEFER ENERGY AS | 6.9% | 19.2% | 3,511 MNOK |
| WOOD GROUP NORWAY AS | 2.8% | 23.1% | 2,423 MNOK |
| DOF SUBSEA CHARTERING AS | 7.7% | 13.2% | 1,232 MNOK |
| APPLY AS | 2.4% | 18.8% | 5,019 MNOK |
| TENDEKA AS | 4.0% | 21.7% | 808 MNOK |
| A/S Norske Shell | 81.2% | 4.2% | 25,249 MNOK |
| EQUINOR DEZASSETE AS | 57.4% | 16.7% | 4,791 MNOK |
| ONESUBSEA AS | 7.5% | 14.6% | 14,851 MNOK |
| EQUINOR ANGOLA BLOCK 17 AS | 53.8% | 17.3% | 6,398 MNOK |
| AKER BP ASA | 43.5% | 25.1% | 113,711 MNOK |
| DNO IRAQ AS | 3.0% | 71.2% | 2,195 MNOK |
| ARCHER OILTOOLS AS | 15.9% | 3.9% | 1,339 MNOK |
| TOTALENERGIES EP NORGE AS | 66.2% | 9.5% | 61,500 MNOK |
| DEEPOCEAN AS | 14.8% | 14.1% | 7,019 MNOK |
| THREE60 ENERGY NORWAY AS | 1.0% | 36.6% | 654 MNOK |
| ODFJELL INVEST II AS | 2.8% | 12.9% | 1,746 MNOK |
| EQUINOR ASA | 8.2% | 37.9% | 706,144 MNOK |
| OMV NORGE AS | 52.1% | 8.1% | 16,747 MNOK |
| AKER SOLUTIONS AS | 4.1% | 13.4% | 59,801 MNOK |
| AKOFS NORWAY OPERATIONS AS | −0.6% | 41.5% | 801 MNOK |
| ARCHER AS | 5.5% | 26.7% | 4,217 MNOK |
| SAIPEM DRILLING NORWAY AS | 24.4% | 23.7% | 2,312 MNOK |
| NORTH SEA INFRASTRUCTURE AS | 38.4% | 16.6% | 840 MNOK |
| H&P DRILLING NORGE AS | 5.2% | 14.0% | 2,200 MNOK |
| CONOCOPHILLIPS SKANDINAVIA AS | 47.4% | 4.2% | 39,871 MNOK |
| WEATHERFORD NORGE AS | 1.5% | 28.6% | 1,174 MNOK |
| WELLTEC OILFIELD SERVICES (NORWAY) AS | 4.6% | 3.6% | 857 MNOK |
| VÅR ENERGI ASA | 51.7% | 2.1% | 84,127 MNOK |
| DEEP SEA DRILLING COMPANY AS | 3.3% | 11.9% | 1,821 MNOK |
| LINJEBYGG AS | 1.6% | 22.7% | 1,206 MNOK |
| NOV PROCESS & FLOW TECHNOLOGIES AS | 4.8% | 3.7% | 3,979 MNOK |
| DEEP SEA RIG AS | 2.8% | 7.5% | 1,795 MNOK |
| BEERENBERG SERVICES AS | 7.2% | 20.4% | 2,011 MNOK |
| SCHLUMBERGER NORGE AS | 7.9% | 8.9% | 13,012 MNOK |
| ARCHER NORGE AS | −1.2% | 24.8% | 1,008 MNOK |
| ODFJELL OPERATIONS AS | 0.9% | 15.6% | 1,209 MNOK |
| DEEP SEA MANAGEMENT AS | 1.1% | 3.5% | 2,794 MNOK |
| SLB KRISTIANSAND AS | −34.4% | 28.0% | 518 MNOK |
| M VEST ENERGY AS | 15.3% | −6.6% | 726 MNOK |
| PSW TECHNOLOGY AS | −2.4% | 21.8% | 672 MNOK |
| DNO NORGE AS | 17.9% | 15.6% | 4,516 MNOK |
| REPSOL NORGE AS | −24.1% | 10.6% | 5,522 MNOK |
| H&P MODU OPERATIONS AS | 2.6% | 0.3% | 1,465 MNOK |
| ODFJELL WELL SERVICES NORWAY AS | −0.1% | 6.2% | 954 MNOK |
| SONGA OFFSHORE RIG 3 AS | 6.0% | −1.3% | 3,570 MNOK |
| OKEA ASA | −4.3% | 3.2% | 8,397 MNOK |
| PETROLIA NOCO AS | 15.7% | 0.1% | 635 MNOK |
| ISLAND OFFSHORE MANAGEMENT AS | −2.2% | 5.3% | 650 MNOK |
| EXPRO NORWAY AS | −16.1% | −57.8% | 731 MNOK |
| KISTOS ENERGY (NORWAY) AS | −8.9% | 1.4% | 1,081 MNOK |
| LIME PETROLEUM AS | −7.0% | −15.3% | 2,984 MNOK |
| TRANSOCEAN NORWAY OPERATIONS AS | −8.2% | −3.6% | 4,237 MNOK |
| NORTHERN OCEAN WIND AS | −1.5% | −2.3% | 1,631 MNOK |
Scenario analysis: the sector's weakest year
The sector's weakest year was 2022, with a median operating margin of 1.6%.
Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported.
| Fiscal year | Median operating margin | Median equity ratio |
|---|---|---|
| 2022 · weakest year | 1.6% | 34.9% |
| 2023 | 8.0% | 28.8% |
| 2024 | 6.8% | 29.4% |
| 2025 | 5.7% | 32.6% |
| 2026 | – | – |
In 2022, 6 ranked companies did better than the sector, 1 about the same and 5 weaker.
Held up best in 2022
- 1VETCO GRAY SCANDINAVIA ASequity ratio 34.2%13.7%
- 2VAN OORD NORWAY ASequity ratio 35.6%11.7%
- 3ALTUS INTERVENTION ASequity ratio 63.3%11.3%
- 4SARENS ASequity ratio 62.7%2.5%
- 5NOBLE INTEGRATOR OPERATIONS ASequity ratio 8.3%2.2%
- 6NOBLE INTREPID OPERATIONS ASequity ratio 46.1%1.8%
Better than the sector: operating margin at or above the sector median and no loss or negative equity. Weaker: operating margin below the median and a loss or negative equity. Otherwise about the same as the sector. Methodology
Drivers in the sector
Interest rates, prices and exchange rates that shape the sector's year, next to the sector's median operating margin. The drivers are context and are not part of the index.
Export price of crude oil (kr per fat)
Export price of crude oil fell 17.6% in 2025; the sector's median operating margin fell 1.1 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Export price of crude oil, annual average | 609 | 979 | 877 | 859 | 708 | 881 (so far) |
| Change from the year before | +61.1% | +60.8% | −10.5% | −2.0% | −17.6% | +24.5% |
| Sector's median operating margin | – | 1.6% | 8.0% | 6.8% | 5.7% | – |
Source: SSB (08799, CC BY 4.0). Source · fetched 31 October 2026
Export price of natural gas (kr per Sm³)
Export price of natural gas rose 5.7% in 2025; the sector's median operating margin fell 1.1 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Export price of natural gas, annual average | 4.77 | 11.47 | 5.30 | 4.50 | 4.76 | 6.00 (so far) |
| Change from the year before | +361.0% | +140.3% | −53.8% | −15.2% | +5.7% | +26.2% |
| Sector's median operating margin | – | 1.6% | 8.0% | 6.8% | 5.7% | – |
Source: SSB (08799, CC BY 4.0). Source · fetched 30 October 2026
USD/NOK (kr)
USD/NOK fell 3.3% in 2025; the sector's median operating margin fell 1.1 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| USD/NOK, annual average | 8.59 | 9.61 | 10.56 | 10.75 | 10.39 | 9.55 (so far) |
| Change from the year before | −8.8% | +11.9% | +9.9% | +1.7% | −3.3% | −8.2% |
| Sector's median operating margin | – | 1.6% | 8.0% | 6.8% | 5.7% | – |
Source: Norges Bank (EXR, NLOD 2.0). Source · fetched 30 October 2026
When export price of crude oil fell in 2025, 141 of 302 ranked companies kept their operating margin at or above the year before. Among the largest: VÅR ENERGI ASA (50.9% → 51.7%), A/S Norske Shell (79.4% → 81.2%), SCHLUMBERGER NORGE AS (6.9% → 7.9%), SUBSEA 7 NORWAY AS (9.5% → 15.5%), DEEPOCEAN AS (11.1% → 14.8%).
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
The sector in Norway (SSB)
The whole industry as Statistics Norway counts it: every enterprise, not only the limited companies we rank. Use these figures as background for the ranking above.
Enterprises, employment and turnover · 2024
- Enterprises
- 353
- −9.9% from 2023
- Persons employed · 2023
- 67,328
- Turnover · 2023
- NOK 1,558.0 bn
- Gross operating margin · 2023
- 79.5%
- Gross operating surplus divided by turnover
All enterprises, sole proprietorships included. SSB withholds some figures for confidentiality. The figure then shows the latest year with every value, and the year is given beside it.
Bankruptcies in the industry
2 enterprise bankruptcies in the last four quarters (2025K4–2026K3). Change +100.0% against the four quarters before (1). That is about 5.7 per 1,000 enterprises.
Foreign-controlled enterprises · 2024
- Share of enterprises
- 13.5%
- Share of persons employed
- 47.2%
- Share of turnover
- –
SSB publishes this for groups of industries only. The figures are for the group “Olje- og gassutvinning og bergverksdrift”. A dash means SSB withholds the figure.
Production index · Utvinning og utvinningstjenester
107.0 index, 2021 = 100, seasonally adjusted · 2026M08
−0.4% against 2025M08.
Monthly, 2023M08 to 2026M08.
Source: Statistics Norway (SSB), table 12910, table 10790, table 08085, table 07095. CC BY 4.0. Our industry codes (SN2025) are linked to SSB’s (SN2007) with SSB’s correspondence table in Klass.
Latest bankruptcies and liquidations
- DK OFFSHORE AS 934925947 Voluntary liquidation · 27 October 2026 · 1 MNOK (2025)
- OCV RECOVERY AS 984158939 Voluntary liquidation · 10 October 2026
- KARPINSKY OIL & GAS COMPANY AS 979302932 Voluntary liquidation · 21 August 2026 · 6 MNOK (2025)
- FEARNLEY NORGE AS 986548742 Voluntary liquidation · 4 August 2026
- UPSTREAM CONSULTANTS AS 982790239 Voluntary liquidation · 3 June 2026 · 1 MNOK (2025)
- CAPEOMEGA AS 995152142 Voluntary liquidation · 24 April 2026 · 0 MNOK (2025)
- NORTH SEA COMMANDER SHIPPING AS 989594877 Voluntary liquidation · 24 April 2026 · 78 MNOK (2025)
- FRAM ENERGY AS 974346427 Bankruptcy · 27 November 2025
Industry codes (NACE)
| Code | Description |
|---|---|
| 06.100 | Utvinning av råolje |
| 06.200 | Utvinning av naturgass |
| 09.101 | Boretjenester tilknyttet utvinning av råolje og naturgass |
| 09.109 | Andre tjenester tilknyttet utvinning av råolje og naturgass |
| 19.200 | Produksjon av raffinerte petroleumsprodukter og fossile brenselsprodukter |
| 49.500 | Rørtransport |