Tagged: Ministry of Petroleum and Energy

TCM Administration Complex opened

Today the Minister of Petroleum and Energy Terje Riis-Johansen opened the Administration Complex of Technology Centre Mongstad (TCM). TCM is the the world’s largest facility for testing and improving CO2 capture technologies. -Our efforts...

SDFI values of 865 billion kroner

The value of the State’s Direct Financial Interest (SDFI) as of 1 January 2010 is estimated at 865 billion kroner. This is the result of a valuation of the SDFI portfolio carried out by...

More knowledge before new awards

The Minister of Petroleum and Energy, Mr. Terje Riis-Johansen, spoke today on a conference concerning the Integrated Management plan of the Marine Environment of the Barents Sea and the Sea Areas off the Lofoten...

NOK 261 billion income from the petroleum industry

“We expect that one fourth of Norway’s income in 2010 will be generated from oil and gas. The petroleum industry finances a large part of the Norwegian welfare state and provides us with economic...

Amicable settlement in the Kårstø expansion case

Statoil ASA and the State, represented by the Ministry of Petroleum and Energy, have today reached a settlement in the Kårstø expansion case. On Jan. 15, Stavanger district court passed a judgment in the...

Gudrun plan submitted to the authorities

Today, 23 February, the plan for development and operation (PDO) of the North Sea Gudrun field was submitted to the Ministry of Petroleum and Energy for approval. The Norwegian Parliament is expected to approve...

The National Budget 2010: NOK 4 Mill to INTPOW

The Norwegian Government proposes to support INTPOW – Norwegian Renewable Energy Partners – with four million NOK. “Norway has world-class competence in several areas within hydropower and other types of renewable energy, grid operations,...

NPD seismic in northern Norway completed

On Sunday, August 2, the seismic data acquisition by the Norwegian Petroleum Directorate (NPD) in Troms II, northwest of Senja, was completed. Acquisition will continue for a few more days in Nordland VII in...