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Falling Oil Prices: What is Norway Doing, Recommendations for Alaskans and other Arctic Countries Ambassador Kåre R. Aas Norwegian Embassy in Washington.

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Presentation on theme: "Falling Oil Prices: What is Norway Doing, Recommendations for Alaskans and other Arctic Countries Ambassador Kåre R. Aas Norwegian Embassy in Washington."— Presentation transcript:

1 Falling Oil Prices: What is Norway Doing, Recommendations for Alaskans and other Arctic Countries Ambassador Kåre R. Aas Norwegian Embassy in Washington DC Anchorage, Alaska, May 16th 2016

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3 Norway’s Most Important Industry The Petroleum sector's share of GDP, revenues, investments and exports (2015) Source: Ministry of Finance/Statistics Norway – the service and supply industry is not included

4 From natural resource to financial wealth

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8 Ambassador Kåre R. Aas Norwegian Embassy in Washington DC Anchorage, Alaska, May 16th 2016

9 23. Round - New Acreage for the First Time in 20 Years 23 rd round New acreage in the Barents Sea south east Application from 26 companies 57 announced block 3 in the Norwegian Sea and 54 in the Barents Sea.

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