Next NFES meeting will be held at Solastranden Gård, Wednesday, 4th of June 2025, at 11:00. The technical presentation “Energy Transition Outlook and the role of Norwegian Oil & Gas” will be given by Geir Egil Eie from DNV.
Abstract
Norwegian energy exports remain central to Europe’s energy security and green transition. However, Norway face a significant decline in energy exports with associated export revenues, i.e. Oil & Gas – strong in the short term but declining in the long term. Towards 2050 gas maintains production, while oil declines by a third. An increased build-up of offshore wind – electricity and hydrogen exports cannot make up for lost oil and gas revenue. The energy transition leads to a more efficient and sustainable energy system but the speed is too low. DNV’s ‘most likely’ energy transition forecast indicating global warming of 2.2°C by 2100.
Bio
Geir Egil Eie is the Head of Technology Centre’s Northern Europe in DNV. He has significant experience from major O&G projects and offshore technology. He is increasingly involved in renewable technology and projects and has deep insight in facility development, integrity management and technology qualification. Geir is an experienced leader and professional with a strong belief in technology as the key enabler in the energy sector.