Statoil ASA was a Norwegian petroleum company established in 1972. It merged with the oil and gas division of Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA. The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro. Statoil was the largest petroleum company in the Nordic countries. In the 2013 Fortune 500, Statoil was ranked as the 39th -largest company in the world. While Statoil was listed on both the Oslo Stock Exchange and the New York Stock Exchange, the Norwegian state still held majority ownership, with 64%. The company's headquarters are located in Norway's oil capital Stavanger. The name Statoil was a truncated form of the State's oil (company).
Norsk Hydro ASA is a Norwegian aluminium and renewable energy company, headquartered in Oslo. It is one of the largest aluminium companies worldwide. It has operations in some 50 countries around the world and is active on all continents. The Norwegian state owns 34.3% of the company through the Ministry of Trade, Industry and Fisheries. A further 6.5% is owned by Folketrygdfond, which administers the Government Pension Fund of Norway. Norsk Hydro employs approximately 35,000 people. Hilde Merete Aasheim has been the CEO since May, 2019.
The electricity sector in Norway relies predominantly on hydroelectricity. A significant share of the total electrical production is consumed by national industry.
North Sea oil is a mixture of hydrocarbons, comprising liquid petroleum and natural gas, produced from petroleum reservoirs beneath the North Sea.
Aker Solutions ASA engineers and builds energy infrastructure while providing a range of products and consultancy services to low-carbon and renewable energy projects. Based in Oslo, the company's critical offerings to the energy industry include the systems and services required to de-carbonize oil and gas production, build wind-to-grid infrastructure and engineer CO2 capture and sequestration.
Ørsted A/S is a Danish multinational energy company. Headquartered in Fredericia, Denmark, Ørsted is the largest energy company in Denmark. The company adopted its current name on 6 November 2017. It was previously known as DONG.
DNB ASA is Norway's largest financial services group, with total combined assets of more than NOK 1.9 trillion and a market capitalisation NOK 164 billion as of 20 May 2016. DNB's head office is located in Oslo.
Nord Stream is a pair of offshore natural gas pipelines in Europe that run under the Baltic Sea from Russia to Germany. It comprises the Nord Stream 1 (NS1) pipeline running from Vyborg in northwestern Russia, near Finland, and the Nord Stream 2 (NS2) pipeline running from Ust-Luga in northwestern Russia near Estonia. Both pipelines run to Lubmin in the northeastern German state of Mecklenburg-Vorpommern. Each pipeline comprises two pipes, denoted A and B; each of the four pipes is approximately 1,200 kilometres (750 mi) long and with approximate diameters of 1,220 millimetres (48 in). The combined capacity of the four pipes is 110 billion cubic metres per annum of natural gas.
Aker ASA is a Norwegian industrial investment company with ownership interests concentrated in oil and gas, renewable energy and green technologies, industrial software, seafood and marine biotechnology sectors. The company is listed on Oslo Stock Exchange. Aker's main shareholder is Kjell Inge Røkke, who owns 68.2% per cent of Aker through his company TRG Holding AS. The corporate headquarters are located in Fornebu, Norway. Aker was established in 1841 when Akers Mekaniske Verksted was founded in Oslo.
NASDAQ OMX Commodities Europe is a trade name of NASDAQ OMX Oslo ASA, the single financial energy market for Norway, Denmark, Sweden and Finland. Before 1 November 2010, it was known by the name Nord Pool. As of 2008, Nord Pool was the largest power derivatives exchange and the second largest exchange in European Union emission allowances (EUAs) and global certified emission reductions (CERs) trading.
Norway is a large energy producer, and one of the world's largest exporters of oil. Most of the electricity in the country is produced by hydroelectricity. Norway is one of the leading countries in the electrification of its transport sector, with the largest fleet of electric vehicles per capita in the world.
Equinor ASA is a Norwegian state-owned multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. In 2023, the company was ranked 52nd in the same list. As of 2021, the company has 21,126 employees.
Hydro Oil & Gas is a defunct division of Norsk Hydro that operated within the oil and gas industry. On October 1, 2007 it merged with Statoil to form the new corporation StatoilHydro.
NordLink is a subsea 1,400 megawatt (MW) HVDC power cable between Norway and Germany, opened in May 2021. The over 500 kilometres (310 mi) long cable operates at a voltage of 500 kV DC.
TenneT is a transmission system operator in the Netherlands and in a large part of Germany.
Nordic electricity market is a common market for electricity in the Nordic countries. It is one of the first free electric-energy markets in Europe and is traded in NASDAQ OMX Commodities Europe and Nord Pool Spot. In 2003, the largest market shares were as follows: Vattenfall 17%, Fortum 14.1%, Statkraft 8.9%, E.on 7.5%, Elsam 5%, Pohjolan Voima 5%. Other producers had 42.5% market share.
Energinet is the Danish national transmission system operator for electricity and natural gas. It is an independent public enterprise owned by the Danish state under the Ministry of Climate and Energy. Energinet has some 1150 employees, and its headquarters are located in Erritsø near Fredericia in Jutland. The gas division is located in Ballerup near Copenhagen.
Nord Pool AS is a pan-European power exchange. Nord Pool has a main office in Oslo and further offices in Stockholm, Helsinki, Tallinn and London. The company is owned by the European exchange operator Euronext as well as TSO Holding, which represents the continental Nordic and Baltic countries' transmission system operators. Nord Pool has two subsidiaries, Nord Pool AB and Nord Pool Finland Oy.
Majority of electricity production in Sweden relies on hydro power and nuclear power. In 2008 the consumption of electricity in Sweden was 16018 kWh per capita, compared to EU average 7409 kWh per capita. Sweden has a national grid, which is part of the Synchronous grid of Northern Europe. A specialty of the Nordic energy market is the existence of so-called electricity price areas, which complicate the wholesale Nordic energy market.
Aker BP ASA is a Norwegian oil exploration and development company focusing petroleum resources on the Norwegian Continental Shelf. It is present all over Norway. The headquarters are in Fornebu with additional offices in Trondheim, Stavanger and Harstad. The company employs a staff of more than 2,400.
NOK 823.5 million (2008) [2] 
