Hourly rate for supervision increased
4/25/2019
Pursuant to a decision from the Ministry of Petroleum and Energy, the rate for regulatory supervision of resource management has increased from NOK 850 to NOK 1 150 from and including 1 September 2018.
The Norwegian Petroleum Directorate will apply the higher hourly rate for all supervision activity conducted from and including 1 January 2019.
This means that the new adjusted rate will appear on invoices for the first quarter of 2019, which are being sent out now in April.
Contact us if you have questions regarding the adjusted rates.
More information:
Official decision letter from the Ministry of Petroleum and Energy (pdf)
Updated: 5/2/2019
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