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Norway leads the way in offering commercial CO2 storage

The government is pursuing an active policy to facilitate socio-economically profitable storage of CO2 on the Norwegian continental shelf. The policy allows industries with large emission sources to pay for permanent storage instead of releasing CO2

Norway gives green light for seabed minerals

On 9 January, the Norwegian parliament (Storting) considered the government's proposal for opening an area for mineral activities on the Norwegian continental shelf. With the parliament’s decision, the basis is now laid for a gradual and responsible

The Longship project is near completion

The Norwegian government continues its investment in the Longship project and proposes an allocation of 2.1 billion NOK in the state budget for 2025. In 2025, a large part of the full-scale project for CCS in Norway will be completed.

A responsible approach to floating offshore wind

The government’s offshore wind initiative continues on a steady course. The government will announce the next project areas for development of offshore wind on the Norwegian continental shelf in 2025 and is proposing 35 billion NOK for a support

Awarding two new licences for CO2 storage on the Norwegian continental shelf

The Ministry of Energy offers two new exploration licences for CO2 storage on the continental shelf. Both licences are located in the North Sea.

Strengthened energy ties to Belgium

A large business delegation from Belgium is visiting Norway this week. Several Belgian energy companies participate in the delegation, which is led by Princess Astrid. During the visit, a joint declaration on offshore wind and an agreement of intent

APA 2024: 21 companies are applying for new exploration areas

The Ministry of Energy has received applications from 21 companies in connection with the announcement of the license round for the best-known exploration areas on the Norwegian continental shelf.

Applications for permits to store CO2 in the North Sea

The Ministry of Energy has received applications from six companies in connection with the announcement of three areas in the North Sea related to CO2 storage on the Norwegian continental shelf.

The Longship Project is Ready for Operation

Norway’s largest climate initiative and Europe’s first complete value chain for carbon management, Longship, is now ready for operation. This milestone will be marked with events in Oslo and Brevik on 17 and 18 June 2025.

Ventyr SN II AS won the auction for the allocation of a project area for offshore wind in Sørlige Nordsjø II

Following a successful auction, it is Ventyr SN II AS, owned by Parkwind and Ingka-group, who will be the first to develop offshore wind in Sørlige Nordsjø II. The winning bid in the auction is 115 øre/kWh. Two bidders participated in the auction.

NTNU Energy Transition Conference

Minister of Petroleum and Energy Terje Aasland held this pre-recorded speech at the NTNU Energy Transition Conference hosted in Trondheim on 29th March 2022.

By Minister of Energy Terje Aasland

The Minister of Energy's speech at Nordic Electricy Markets Forum

Minister of Energy Terje Aasland held this speech during the opening of the Nordic Electricity Markets Forum in Oslo.

By Minister of Energy Terje Aasland

Opening speech at ONS 2022: The North Sea - the new frontier of energy transition?

Minister of Petroleum and Energy Terje Aasland held this opening speech at the Offshore Northern Seas (ONS) 2022 conference on 30th August 2022 in Stavanger, Norway.

By Minister of Energy Terje Aasland

Energiministeren besøkjer Hitachi Energy

Energiminister Terje Aasland besøkjer Hitachi Energy sin serviceverkstad for transformatorar og høgspenningsutstyr. Besøket skulle opprinneleg vore gjennomført i 2025, men vart då utsett.

Energy Transition – from fossil fuels to renewables

Minister of Petroleum and Energy, Marte Mjøs Persen, held this speech at the round table conference about renewable energy hosted by DNV, German-Norwegian Chamber of Commerce and the German embassy in Norway on 5th November 2021.

By Minister of Petroleum and Energy Marte Mjøs Persen

The North Sea as a platform for the Clean Energy Transition

Minister of Petroleum and Energy Marte Mjøs Persen held this speech at the energy seminar 'The North Sea as a platform for the Clean Energy Transition' when signing a MoU on the CCS between Norway and the Netherlands. The seminar was hosted at the

By Minister of Petroleum and Energy Marte Mjøs Persen

Framework

New production licences: Agreement concerning petroleum activities Enclosure to production licence Production licences 1972 - 2006: Existing production licences 1972 - 2006 Enclosure to production licence 1972 -2006 Unitisation agreements/production

Consultation on resource rent tax on onshore wind power

The Government proposes to introduce a resource rent tax on onshore wind power from 2023 and is today sending the proposal for consultation, as described in the State Budget for 2023. It is one of several resource rent proposals which will lead to

Announces the first competitions for offshore wind

By announcing the first competitions for offshore wind areas, the Norwegian government takes a big step towards its ambition of allocating areas for 30,000 MW offshore wind by 2040.

Award of two new licences for CO2 storage on the Norwegian continental shelf

Today the Norwegian Ministry of Petroleum and Energy publishes offers for two new exploration licences related to CO2 storage under the storage regulations on the Norwegian continental shelf in the North Sea.