An important but under-discussed issue: Norway oil and gas is entering structural decline which will exacerbate the UK’s own structural decline.

Notwithstanding climate change risks, it means further geopolitical, cost, and security of supply risks #energysky

https://www.sodir.no/en/whats-new/publications/reports/resource-report/resource-report-2022/6--future-production-and-revenues/