Hourly rate for supervision increased
25/04/2019
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: 02/05/2019
Latest news
Eight companies have applied for CO2 storage acreage
30/04/2024
The Norwegian Ministry of Energy has received applications from eight companies in connection with the announcement of two areas in the North Sea for potential storage of CO2 on the Norwegian shelf.
Well for data acquisition on Wisting
22/04/2024
Equinor has completed an appraisal well (7324/7-4) on the Wisting discovery in the Barents Sea. The objective was to acquire data on the reservoir and cap rock, for use in ongoing evaluation and development of the discovery.
Production figures March 2024
19/04/2024
Preliminary production figures for March 2024 show an average daily production of 2 086 000 barrels of oil, NGL and condensate.
The future in the Barents Sea is here now
17/04/2024
The Johan Castberg ship will soon be heading north. With the ship in place, the plan is to have three producing fields in the Barents Sea by the end of the year.
Oil discovery in the North Sea
17/04/2024
Vår Energi has made an oil discovery in "Ringhorne Nord" (wells 25/8-23 S and 25/8-23 A & B), north of the Ringhorne Øst field, 200 kilometres northwest of Stavanger.