About your edit: fair enough, if you are talking about primary energy production. I understood what the figure provided in the first comment was referring to (electricity production/consumption) and was addressing that.
In the end, I think the fact that they produce all of their electricity from hydro is a fantastic achievement. That you (and many others, including a lot of people in Norway) would like them to stop pumping oil from the North Sea is (for me) a different issue.
I don't think Norway producing less oil would reduce global oil consumption.
FWIW, they produce about half of what they did in the early '00s.
If you watch the gold video (or read the article), you'll see they're not using anything remotely similar to the process in that MMC patent. It's essentially a conventional alloy, mechanically hardened.