The chief task of the Ministry of Petroleum and Energy is to develop a coordinated and coherent energy policy. It is an overriding goal to ensure high value creation through the efficient and environmentally-friendly management of the country’s energy resources.
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The Norwegian government has developed a strategy for CCS, which aims at identifying measures to promote technology development and to reduce the costs of CCS. A feasibility study report presented in July 2016 shows that realising a full-scale CCS chain in Norway by 2022 is possible and at lower costs than for projects considered in Norway earlier.
The service and supply industry is Norway’s second-largest industry measured in terms of turnover, after the oil and gas industry, and includes more than 1 250 companies. After more than 40 years of petroleum activities, the industry has developed cutting-edge expertise and is internationally competitive
Norway is an important supplier of oil and gas to the global market, and almost all oil and gas produced on the Norwegian shelf is exported.
Today, the Norwegian government presented a White Paper on energy policy – Power for change – an energy policy towards 2030. The main message is that security of supply, consequences for climate and economic growth must be considered together to secure an efficient and climate friendly energy supply.
The Government hereby invites oil companies to nominate blocks for the 24th licencing round on the Norwegian continental shelf. The numbered licencing rounds cover frontier areas opened for petroleum activities, with the greatest potential for large discoveries.
The white paper - Report to the Storting 28 (2010-2011) is translated into english
The content about Norwegian petroleum activities is updated. The website is also improved to give a better user experience and overview of contents, especially on mobile phones.
Facts 2015 – Energy and Water Resources in Norway is a publication intended to give an overview of energy production, transmission and consumption in Norway.
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Whitepaper - An industry for the future
- Norway's petroleum activities
White Paper on Norway's energy policy: Power for Change