Which countries have been major producers of North Sea oil and natural gas?
The North Sea has become western Europe’s most significant area for the production of petroleum and natural gas since discoveries began in 1959.1
The two primary producers in the region are Norway and the United Kingdom. While their annual yields were comparable until 1990, Norway has since emerged as the clear leader in production. Norway holds the largest share of recoverable reserves among the five countries with interests in the North Sea and remains one of the world's most important oil and gas exporters. The United Kingdom is also a major producer, though its crude oil production peaked in the late 1990s and has since declined.123
Other countries with interests in North Sea oil and gas production include:
These nations are considered minor producers compared to the leading roles played by Norway and the United Kingdom.1