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Announcement of areas through APA 2024

The Norwegian Ministry of Energy is today announcing this year’s licensing round on the Norwegian continental shelf - APA 2024. The annual rounds of awards in predefined areas (APA) give oil companies the opportunity to gain access to attractive

Meld. St. 31 (2023–2024) - Long-term Perspectives on the Norwegian Economy 2024

Chapter 1

APA 2023 submitted for consultation: A continued responsible and long-term management of the oil and gas resources

The Norwegian Ministry of Petroleum and Energy has today sent a proposal for the announcement of the APA 2023 licensing round (Awards in Predefined Areas) on public consultation.

Norway has introduced a price cap on Russian oil

Norway has introduced a price cap of USD 60 per barrel for crude oil originating in or exported from Russia, and has incorporated this into the sanctions legislation. This corresponds to the price cap adopted by the EU and the G7 countries. The oil

Facts 2014 – All you need to know about Norwegian petroleum activities

In cooperation with the Norwegian Petroleum Directorate, The Ministry of Petroleum and Energy has published a new edition of its annual book on the Norwegian petroleum sector, Facts 2014. The publication gives a comprehensive overview of the

Agreement for petroleum activities and model production licenses

Legislation requires companies to obtain licences for petroleum activities.

“Fact 2008 - Energy and Water Resources in Norway”

The Ministry of Petroleum and Energy publishes an English translation of this facts sheet on energy and water resources in Norway every other year. Fact 2008 describes stationary energy supply and central aspects of the management of water resources.

CLIMIT - Research, development and demonstration of CO2 capture and storage technology

The CLIMIT programme is Norway’s national programme for research, development and demonstration of CO2 capture and storage technology (CCS). It covers the entire chain from long-term, competence-building basic research to projects that demonstrate

Facts 2013 – All you need to know about Norwegian petroleum activities

In cooperation with the Norwegian Petroleum Directorate, The Ministry of Petroleum and Energy have published a new edition of the annual book on Norwegian petroleum industry, (petroleum) Facts 2013. The publication gives a comprehensive overview of

Economy

The oil and gas sector plays a vital role in the Norwegian economy.

Production and exports

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.

Framework

The overall objective of Norway’s petroleum policy is to provide a framework for the profitable production of oil and gas in the long term.

State-ownership in the energy sector

In the government’s view, private ownership should be the main rule in Norwegian business and industry. Direct state ownership requires a special justification.

Energy and petroleum research

Research and development (R&D) on energy and petroleum is one of the Norwegian government's priorities. The government's vision is to make Norway a global leader in developing green energy.

Petroleum Price Board

Petroleum Price Board Secretariat The Section for analysis and markets in the Ministry of Energy is nominated as secretariat for the Petroleum Price Board. Inquiries to the Petroleum Price Board will be directed to the secretariat. Contacts in the

The Barents Sea South

The 23rd licensing round, which was announced in January 2015, includes 54 blocks in the Barents Sea, many of them in the previously disputed area west of the delimitation line between Norway and Russia.

The Ministry

The principal responsibility of the Ministry of Energy is to achieve a coordinated and integrated energy policy. A primary objective is to ensure high value creation through efficient and environment-friendly management of Norway’s energy resources.

APA 2025: 57 new production licenses awarded

The Norwegian Ministry of Energy offers 57 new production licenses to 19 companies on the Norwegian continental shelf in the APA 2025 licensing round.