Oil and Gas Department (OG)
Exploration policies. Monitoring of development, production and decommissioning of oil and gas fields on the Norwegian continental shelf (NCS). Monitoring of the gas chain. Economical analysis of petroleum activity, including estimations and evaluations for the National Budget and the State Budget. Juridical questions linked to petroleum activity.
The department consists of six sections
- Section for Exploration
- Section for Development and Production
- Section for Market Analysis
- Section for Analysis Infrastructure
- Section for Petroleum Law and Legal Affairs
- Section for Frontier Areas
The department consists of the following sections
Exploration policies. Opening of new areas on the NCS for petroleum activity. Questions related to petroleum activity in the Barents Sea and in the Lofoten area. Announcement of blocks, negotiations and awards of production licences. Formulation and monitoring of the framework for petroleum activity on the NCS. Prequalification of companies.
Monitoring of development, production and decommissioning of oil and gas fields on the NCS. Preparedness related to secure supply of oil. Department responsibility for the Norwegian Petroleum Directorate (NPD).
General market questions and market analysis including price prognoses for crude oil, natural gas, NGLs and condensate. Secretariat for the Petroleum Price Board, which sets tax reference prices (norm prices). Norway’s marketing policy for natural gas, NGLs and crude oil. Contact with other oil and gas producing and consuming countries. Oil and gas questions in international forums, such as the International Energy Agency (IEA), International Energy Forum (IEF) and Gas Exporting Countries Forum.
Economical analysis of petroleum activity, including estimations and evaluations for the National Budget and the State Budget. Petroleum tax and the tax system. General market questions and market analysis in addition to price predictions for crude oil, gas, LNG and condensate. Secretariat for the Petroleum Price Council. Norm prices. Norway’s marketing policy for crude oil. Oil questions in international forums, International Energy Agency (IEA), International Energy Forum (IEF). Contact with other oil producing countries.
Juridical questions related to petroleum activity. Composing texts for treaties, laws, regulations and framework for petroleum activities. Juridical advising. Consideration of juridical questions related to agreements and consents that the ministry is considering.