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  • A responsible approach to floating offshore wind

    07/10/2024 Press release Ministry of Energy

    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

    07/10/2024 Press release Ministry of Energy

    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

    07/10/2024 Press release Ministry of Energy

    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

    07/10/2024 Press release Ministry of Energy

    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.

  • Consultation on resource rent tax on onshore wind power

    16/12/2022 Press release Ministry of Finance, Ministry of Energy

    The Government proposes to introduce a resource rent tax on onshore wind power from 2023 and is today sending the proposal for consultation, as described in the State Budget for 2023. It is one of several resource rent proposals which will lead to