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Petroleum resources

Norway is an important supplier of oil and gas to the global market.

Exploration

Around 47 % of all the remaining resources on the shelf are undiscovered.

Environment and technology

The Norwegian petroleum industry has very high environmental and climate standards compared with those in other countries.

Maps and downloads

Download tables, graphs, illustrations and maps.

Information about implementation in Norway

Oktober 05 Contact: Sissel Edvardsen, +47 22 24 61 09 Information about implementation in Norway On July 8 the EEA committee decided that the renewables directive (EU directive 2001/77//EC 1Directive 2001/77/EC on the promotion of electricity

Norway and France will strengthen cooperation on CCS

Norway and France has signed a Letter of Intent to promote mutually beneficial cooperation on the development and deployment of Carbon Capture and Storage (CCS). This confirms the governments’ intentions to cooperate on CCS and recognize the

Closer cooperation between Norway and Switzerland on CCS

Norway and Switzerland will strengthen cooperation on carbon capture and storage (CCS) and carbon dioxide removal (CDR). This is clear following today’s meeting between the Norwegian Minister of Petroleum and Energy Terje Aasland and the Swiss

Norwegian control mechanism to improve security of electricity supply

The Norwegian Government is introducing a control mechanism including statutory responsibilities for hydropower producers to safeguard security of electricity supply.

Applications for permits to store CO2 in the North Sea

The Ministry of Petroleum and Energy has received applications from five companies in connection with the announcement of an area in the North Sea related to storage of CO2 on the Norwegian continental shelf.

Enhanced cooperation on hydrogen

Norway and Great Britain will cooperate more closely on hydrogen. Today, an annex to the Norwegian-British MoU on Carbon capture and storage (CCS) cooperation was signed

NOU 2023: 25 - The transition to low emissions

Climate policy choices towards 2050

The Energy Commission submits report to the government

Terje Aasland, Minister of Petroleum and Energy, received today the final report from the government appointed Energy Commission led by Professor Lars Sørgard. The report examines Norwegian energy policy in a long-term perspective.

Norway has introduced a price cap on Russian petroleum products

Norway has introduced a price cap on petroleum products from Russia and has incorporated this into the sanctions legislation.

Joint Declaration - German-Norwegian Partnership on Climate, Renewable Energy and Green Industry

Norway and Germany agree to enter a strategic partnership on Climate, Renewable Energy and Green Industry. The overarching aim is to reach the long-term temperature goal in the Paris Agreement, create new green industries and jobs and strengthen

Safeguarding global energy security on the way to net zero

Minister of Petroleum and Energy Terje Aasland held this speech at the Energy Connected conference hosted by Energy Valley at Fornebu on 19th May 2022.

By Minister of Energy Terje Aasland

How can Europe and Norway cooperate to scale up the CCS market?

Minister of Petroleum and Energy held this keynote speech at the Northern Lights Summit in Brussels on 23th June 2022.

By Minister of Energy Terje Aasland

EERA DeepWind 2022

Minister of Petroleum and Energy Marte Mjøs Persen gave this digital speech to the EERA DeepWind 2022 conference in Trondheim on 19th January 2022.

By Minister of Petroleum and Energy Marte Mjøs Persen

Increased preparedness on the Norwegian Continental Shelf

Today, the Norwegian Government has decided to heighten the emergency preparedness in relation to infrastructure, onshore and offshore installations on the Norwegian Continental Shelf.

High-price contribution on wind and hydropower

The Government is proposing to introduce a high-price contribution, with the rate set at 23 per cent of the electricity price in excess of NOK 0.70 per kWh. The contribution is designed as an excise duty payable to the treasury. The tax will be

Resource rent tax on onshore wind energy

The government proposes the introduction of resource rent tax on onshore wind energy as from 2023. The proposal will be referred for public consultation before the end of the year, and involves the taxation of resource rent at an effective rate of