{"id":"2026-oct-nordic-norway-oil-gas-industry-electricity-turnover-august-2026","canonicalSlug":"2026-oct-nordic-norway-oil-gas-industry-electricity-turnover-august-2026","url":"https://wellficent.com/en/news/2026-oct-nordic-norway-oil-gas-industry-electricity-turnover-august-2026","language":"en","title":"Norwegian industrial turnover rose 3.3% in August","summary":"Seasonally adjusted sales increased; unadjusted turnover totalled NOK 284.8 billion.","body":["Statistics Norway reported on 7 October that seasonally adjusted turnover across extraction, mining, manufacturing and electricity supply rose 3.3% in August from July. The same measure was 25.2% higher than in August 2025.","Within the broad series, turnover for extraction and related services increased 5.8% month on month and 38.1% year on year. These are changes in sales value, not physical production volumes or commodity-price indices.","Unadjusted turnover across the covered industries was NOK 284,779 million. Of this total, NOK 109,908 million was domestic-market turnover and NOK 174,871 million was export-market turnover. The totals are not seasonally adjusted, unlike the percentage comparisons.","The release covers several industries and market destinations. Its August observations describe recorded turnover; the index changes and nominal NOK totals answer different questions and should not be treated as forecasts of later output or revenues."],"keyPoints":["Seasonally adjusted turnover rose 3.3% monthly and 25.2% annually.","Extraction and related services: +5.8% monthly and +38.1% annually.","Unadjusted turnover was NOK 284,779 million, including domestic and export sales."],"sections":[],"text":"Norwegian industrial turnover rose 3.3% in August\n\nSeasonally adjusted sales increased; unadjusted turnover totalled NOK 284.8 billion.\n\nSeasonally adjusted turnover rose 3.3% monthly and 25.2% annually.\n\nExtraction and related services: +5.8% monthly and +38.1% annually.\n\nUnadjusted turnover was NOK 284,779 million, including domestic and export sales.\n\nStatistics Norway reported on 7 October that seasonally adjusted turnover across extraction, mining, manufacturing and electricity supply rose 3.3% in August from July. The same measure was 25.2% higher than in August 2025.\n\nWithin the broad series, turnover for extraction and related services increased 5.8% month on month and 38.1% year on year. These are changes in sales value, not physical production volumes or commodity-price indices.\n\nUnadjusted turnover across the covered industries was NOK 284,779 million. Of this total, NOK 109,908 million was domestic-market turnover and NOK 174,871 million was export-market turnover. The totals are not seasonally adjusted, unlike the percentage comparisons.\n\nThe release covers several industries and market destinations. Its August observations describe recorded turnover; the index changes and nominal NOK totals answer different questions and should not be treated as forecasts of later output or revenues.","category":"economy","region":"world","topics":["oil","gas","power","statistics"],"eventDate":"2026-10-07","eventDateBasis":"source-announcement-publication","publishedAt":"2026-10-09T21:52:15Z","modifiedAt":"2026-10-09T21:52:15Z","publicationBasis":"first-publication","preparedAt":null,"sourcePublishedAt":"2026-10-07","translatedAt":null,"sources":[{"attribution":"Statistics Norway (SSB), Turnover in oil and gas, manufacturing, mining and electricity supply, updated 7 October 2026","checkedAt":"2026-10-09","licence":"Creative Commons Attribution 4.0 International (CC BY 4.0)","licenseUrl":"https://creativecommons.org/licenses/by/4.0/","name":"Statistics Norway (SSB)","publishedAt":"2026-10-07","url":"https://www.ssb.no/en/energi-og-industri/industri-og-bergverksdrift/statistikk/omsetning-i-olje-og-gass-industri-bergverk-og-kraftforsyning"}],"translations":{"en":"https://wellficent.com/en/news/2026-oct-nordic-norway-oil-gas-industry-electricity-turnover-august-2026","tr":"https://wellficent.com/tr/news/2026-oct-nordic-norway-oil-gas-industry-electricity-turnover-august-2026","ar":"https://wellficent.com/ar/news/2026-oct-nordic-norway-oil-gas-industry-electricity-turnover-august-2026","fr":"https://wellficent.com/fr/news/2026-oct-nordic-norway-oil-gas-industry-electricity-turnover-august-2026","es":"https://wellficent.com/es/news/2026-oct-nordic-norway-oil-gas-industry-electricity-turnover-august-2026","ru":"https://wellficent.com/ru/news/2026-oct-nordic-norway-oil-gas-industry-electricity-turnover-august-2026","pt":"https://wellficent.com/pt/news/2026-oct-nordic-norway-oil-gas-industry-electricity-turnover-august-2026"},"corrections":[],"locations":[],"type":"news","classification":{"dataKinds":["statistical-release"],"evidenceBasis":["reported-observation"],"geographies":[{"countryCode":"NO","role":"economic-scope","subdivisionCode":null}],"measurementPeriod":{"from":"2026-08","precision":"month","to":"2026-08"},"version":"1"}}