Looking for a specific product?

Make a search for products & suppliers, articles & news.

Ministry of petroleum & energy

The Ministry of Petroleum and Energy’s main responsibility is to achieve a coordinated and integrated energy policy.

Main Areas

The Ministry of Petroleum is responsible for policy in the following areas:
• Oil and gas
• Renewable energy
• Carbon capture and storage
• Power market, distribution and consumers
• Energy and petroleum research
• State participation in the petroleum sector
• Water resources management

Objectives
A primary objective of the Ministry is to ensure high value creation through efficient and environmentally friendly management of Norway’s energy resources. Without a high level of competitiveness, the efficient use of resources, and profitability in the energy sector, it will not be possible to create the jobs and revenues needed to maintain prosperity and employment.

Energy policy must be formulated to ensure the best possible use, within environmentally acceptable limits, of the country’s overall supplies of labour, knowledge, capital and natural resources.

Policy Goals
As the secretariat for the political leadership, the Ministry’s objectives will be developed through the Government’s energy policy goals — as expressed, for instance, in relevant White Papers and Propositions (Bills) to the Norwegian Parliament (Storting). The level of expertise within the Ministry of Petroleum and Energy, combined with the strategic and practical alliances within the Norwegian Government, research organizations and the industry sector, provide the basis to continue to meet short and long-term goals and requirements related to national energy issues as well as cooperative efforts on the international level.

Ministry of Petroleum and Energy
Einar Gerhardsens plass 1
PO Box 8148 Dep
NO-0033 Oslo, Norway
Tel: + 47 22 24 90 90 (switch board)
Fax: +47 22 24 95 65
E-mail: Postmottak@oed.dep.no
Website: www.regjeringen.no/oed

Related articles

Latest articles

COST-CUTTING THROUGH NEW TECHNOLOGY

Technology has been imperative for the Norwegian oil adventure.  With high expenses and a focus on cutting costs, it may become even more important in the fight to secure the future of the Norwegian Continental Shelf....

Privacy Policy

We value your privacy. Read the details of our Privacy policy below.

Cookies information

Read our cookies information, specifying what they are and how they are used on NorwayExports.no. NorwayExports.no is owned by Media Digital AS.

Profitable Sustainable Fish Farming

Norwegian fish farmers are incorporating the UN Sustainable Development Goals into their business strategy. Even fish sludge could profitably save the environment. 

Digital Future: The New Maritime Sharing Economy

In the old days, ships left port and they hopefully arrived where they should. Now masses of data points and sensors are enabling a new maritime sharing economy.

Near-Zero Emission Technology to Power Platforms

Norwegian researchers are exploring near-zero emission platform technology using fuel cells combined with carbon capture to help meet climate targets.

Fish Vessels Go Electric

The Norwegian aquaculture and fishing industry has joined the green shipping wave with a number of pioneering electric fleet initiatives.

Norway’s Greener Future Fleet

Norway was the first nation to have a fully electric car and a passenger ferry. Now the country will make all future ferries green and a zero-emission maritime industry by 2050.

Could Iran be the Next Big Market?

Iran is opening up for billions of dollars in oil and gas investments after the lifting of decades-long sanctions. The Norwegian oil industry is cautiously eyeing possibilities.