What Norway Petroleum Activities Act 1996 Section 4-1 - Petroleum Exploration and Production Licences: Conditions, HSE Obligations, and Resource Management Requirements requires
Section 4-1 of the Norwegian Petroleum Activities Act 1996 (PAA) governs the grant of production licences for exploration and production of petroleum on the Norwegian continental shelf. A production licence grants the exclusive right to explore for, explore and produce petroleum in the licence area. The licence is subject to conditions including approval of the Plan for Development and Operation (PDO) per Section 4-2, compliance with health, safety and environment (HSE) obligations administered by the Petroleum Safety Authority Norway (PSA), and resource management requirements to maximise recovery from the petroleum deposit. Norway's petroleum management framework is regarded internationally as a gold standard for transparency, resource management, and State participation through Petoro AS and SDFI.
Pillar: Mining & Natural Resources · Authority: Norwegian Ministry of Energy · Version: 1.0.0 · Last updated:
Primary source: https://www.sodir.no/en/regulations/acts/act-29-november-1996-no2.-72-relating-to-petroleum-activities
SHA-256 integrity: b94b7a5708ef7a1383f714bf46de584411027b816f4dddf02eabe6ee551c1711
Primary Citations — 5 traced to source
- Norwegian Petroleum Activities Act 1996 (Lov om petroleumsvirksomhet) Section 4-1: A production licence grants the right to exploration, exploration and production of petroleum. The licence may be awarded for an area comprising one or more blocks or parts of blocks.
- Norwegian Petroleum Activities Act 1996 Section 4-2: Before commencing development of a petroleum deposit, the licensee shall submit a plan for development and operation of the petroleum deposit to the Ministry. The Ministry must approve the plan.
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