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. The value creation shall benefit the Norwegian society as a whole, activities must take place within a sound HSE framework, and environmental concerns and coexistence with other industries are to be taken into account throughout the industry.

Fundamental regulatory principles

The regulatory framework is designed to balance companies’ and the authorities’ interests.

The Petroleum Act and the licensing system

Approval from the competent authorities is required in all phases of petroleum activities.

State organisation

Clearly defined areas of responsibility ensures public interests and effective resource utilisation.

Norway's petroleum history

Read more about the exciting Norwegian petroleum history, dating back more than 50 years.

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