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Two Applications to Participate in the Competition for Floating Offshore Wind in Utsira Nord

The Ministry of Energy has received two applications for the award of project areas for floating offshore wind in Utsira Nord. The Ministry will now begin the process of assessing the applications.

The contract for offshore wind at Sørlige Nordsjø II has been signed

Today, Minister of Energy, Terje Aasland met with the leadership of Ventyr SN II, the company responsible for developing the first major offshore wind project on the Norwegian continental shelf. They celebrated the signing of the contract earlier

Norway to strengthen strategic cooperation with France

On Monday, Prime Minister Jonas Gahr Støre and President Emmanuel Macron signed a strategic partnership agreement between Norway and France.

Opening of an area on the Norwegian continental shelf for mineral activities

The King in Council has today formally decided to open an area in the Norwegian Sea and the Greenland Sea for mineral activities.

Revised National Budget: “Norway Price” for Electricity and District Heating

The government proposes allocating NOK 1,265 million to the support scheme for electricity and district heating, called “Norway Price”, for households in 2025. The plan is to introduce the support scheme from the 1st of October 2025.

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.

Norway provides new contribution to support Moldova's resilience this winter

Moldova is facing a challenging winter. The country is especially vulnerable due to increased energy prices and uncertainties regarding gas supplies in 2025. Norway is now providing a new contribution of 60 million NOK through the World Bank’s

High-powered support for renewable energy projects

Norway is providing NOK 248 million in grant funding to companies seeking to advance the renewable energy sector in developing countries. Grants are awarded during an early project phase in order to decrease risk. ‘This scheme is popular because it

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.

Prime Minister Støre met with Crown Prince of Abu Dhabi

Prime Minister Jonas Gahr Støre met today with His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi. This is the Crown Prince’s first visit to Norway.

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.

Norway and the Age of Energy

'We are transitioning out of oil, out of gas, out of fossil, and now into a new chapter. I emphasize transitioning, because this is complex; when energy sources shift, power shifts and politics shifts', said Prime Minister Jonas Gahr Støre.

By Prime Minister Jonas Gahr Støre Columbia University, World Leaders Forum

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