Norway’s oil and gas suppliers could play a key part in building the supply chains for new nuclear power plants in Finland, Sweden, and Norway itself. That is the view of Jesper Marklund, an executive at Fortum, one of the Nordic region’s largest energy companies.
Marklund told Norwegian media that companies already active in oil and gas already possess skills and equipment that fit well with the demands of nuclear projects. These include heavy lifting, high-pressure piping, and project management under strict safety rules. He noted that Fortum’s own experience in operating nuclear plants in Finland gives the company direct insight into how such projects develop.
The Norwegian oil industry has for decades relied on subsea pipelines, offshore platforms, and large-scale engineering work. Marklund suggested these capabilities could transfer to nuclear construction, where precision and safety are just as critical. Norway’s government has not yet set a clear policy on new nuclear plants, but several private groups have begun studies on small modular reactors and other designs.
Fortum operates Finland’s Loviisa nuclear power plant and is involved in nuclear waste management. Marklund’s comments come as energy companies across the Nordic region assess how to replace aging fossil plants and meet climate targets. Norway already generates most of its electricity from hydropower, but nuclear is seen as a possible way to provide steady, low-carbon power during winter months when hydropower output drops.
The Norwegian oil industry association has not yet commented on Marklund’s proposal. However, several oil service firms have confirmed they are reviewing opportunities in nuclear energy as part of broader diversification efforts.
Source: tu.no