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APA 2024: 53 new production licenses awarded

The Norwegian Ministry of Energy offers 53 new production licenses on the Norwegian continental shelf in the APA 2024 licensing round.

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.

Continued international support Is crucial to protect Ukraine’s energy system

On Friday, December 13, Norway participated in the handover of 12 gas piston engines to local authorities in Kharkiv. These engines will benefit 800,000 residents and 47 hospitals this winter and are already in place in the city.

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

Petroleum Price Board and the norm prices

The Norwegian Ministry of Energy collects information about sale of crude, natural gas liquids (NGLs) and natural gas from the Norwegian shelf. From 1 July 2011 the companies that submit reports to the Ministry shall report their sales through the

The future development of the Norwegian continental shelf

'We shall continue to contribute to the green transition. We cannot be complacent. Through low-carbon energy production and new technologies. Overall, we are committed to reach our climate goal. There is no alternative. It's not a question about if,

By Prime Minister Jonas Gahr Støre Opening speech at the Equinor’s Autumn Conference

Address by the Prime Minister on “Sustainable development and energy transition”

'Let me underline our strong endorsement of Mission 300; the World Bank and African Development Bank-led initiative to provide electricity to 300 million people in Africa by 2030', said Prime Minister Jonas Gahr Støre.

By Prime Minister Jonas Gahr Støre G20 Summit, Rio de Janeiro

Call for proposals for the first renewable energy guarantees

The Norwegian Government has established a new state guarantee scheme for renewable energy projects in developing countries, and on 15 November Norad will issue a call for proposals for the first renewable energy guarantees. The Government's

The State acquiers increased ownership in the gas transportation system

The Ministry of Energy has entered into purchase agreements of interests in key parts of the gas infrastructure with 7 different companies.

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

Questions and answers about the Longship project

Here you find the most usual questions we receive about the fullscale CO₂ carbon capture, transport and storage project Longship.

Speech at G20 energy transition working group

Minister of Energy Terje Aasland delivered this speech at the minister meeting in the G20 energy transition working group in Foz do Iguaçu, Brazil on October 4th 2024.

By Minister of Energy Terje Aasland

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.

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

The government proposes to increase the allocation for resource and environmental mapping of seabed minerals

The government will facilitate responsible, sustainable and profitable seabed mineral activity on the Norwegian continental shelf. We need more knowledge about the mineral resources, the environmental conditions in the Norwegian deep-sea areas, and

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.

Large revenues from the petroleum industry in 2024

The state's net cash flow from petroleum activities is estimated to be 680 billion NOK in 2024. These revenues go into the Norwegian Government Pension Fund Global and are expected to provide approximately 20 billion NOK into future budgets.

Speech at roundtable meeting in Brazil

Minister of Energy Terje Aasland delivered this speech at a roundtable meeting on carbon management in Foz do Iguaçu, Brazil, on October 3, 2024

By Minister of Energy Terje Aasland

A Historic Breakthrough for CO2 Management

Minister of Energy, Terje Aasland opens the world’s first commercial facility for the transport and permanent storage of CO2 beneath the seabed at Øygarden, outside Bergen.

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