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HomeTrainingResource CenterNorway's Petroleum Activities Law

Norway's Petroleum Activities Law

Government of Norway  ~  1 November 1996
Issue: Revenue Management, State-Owned Enterprises
Country: Norway
Link: Available at the Norweigan Petroleum Directorate website
Download:
PDFNorway Act 29 November 1996 No. 72 relating to petroleum activities [2009].pdf (328kb)
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Norway's Petroleum Activities Act was passed in November, 1996 and last amended in June, 2009. The Act  establishes the principles that the Norwegian state owns all subsea petroleum within national borders, has the exclusive right to manage these resources, and is alone authorized to award licenses for petroleum activities.

Topics
  • Norway
  • Revenue Management
  • State-Owned Enterprises
  • Laws and Regulations
  • Getting a Good Deal
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