The Royal Norwegian Ministry of Petroleum and Energy ( no, Olje- og energidepartementet) is a

Norwegian Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe * Norwegians, both a nation and an ethnic group native to Norway * Demographics of Norway *The Norwegian language, including ...

ministry responsible for

energy In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of ...

, including

petroleum Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crud ...

and

natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon d ...

production in the

North Sea The North Sea lies between Great Britain, Norway, Denmark, Germany, the Netherlands and Belgium. An epeiric sea on the European continental shelf, it connects to the Atlantic Ocean through the English Channel in the south and the Norwegian ...

. It is led by

Minister of Petroleum and Energy The Minister of Petroleum and Energy ( no, Olje- og energiministeren) is a councilor of state and chief of the Norway's Ministry of Petroleum and Energy. The current minister is Terje Aasland. The ministry is responsible for the government's en ...

Terje Aasland ( Labour Party). The department must report to the legislature, the

Storting The Storting ( no, Stortinget ) (lit. the Great Thing) is the supreme legislature of Norway, established in 1814 by the Constitution of Norway. It is located in Oslo. The unicameral parliament has 169 members and is elected every four years ...

Organisation

The ministry is divided into the following sections: *Political staff *Communication Unit *Technology and Industry Department *Energy and Water Resources Department *Department of Trade and Industrial Economics *Administration, Budgets and Accounting Department

Political staff

* Minister Marte Mjøs Persen (Labor Party)

Subsidiaries

Subordinate government agencies: * Norwegian Petroleum Directorate *

Norwegian Water Resources and Energy Directorate The Norwegian Water Resources and Energy Directorate ( no, Norges vassdrags- og energidirektorat or NVE) is a Norwegian government agency established in 1921. It is under the Ministry of Petroleum and Energy and regulates the country's water r ...

* Enova *

Gassnova Gassnova SF is the Norwegian state enterprise for carbon capture and storage Carbon capture and storage (CCS) or carbon capture and sequestration is the process of capturing carbon dioxide (CO2) before it enters the atmosphere, transporting i ...

Statnett Statnett is a Norwegian state owned enterprise responsible for owning, operating and constructing the stem power grid in Norway. The company has its headquarters in Oslo, Norway. Statnett also owns 30% of the Nord Pool Spot along with other Nor ...

Wholly owned

limited companies In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. In a company limited by shares, the liab ...

: *

Gassco Gassco is a Norwegian state owned company that operates of natural gas pipes transporting annually of 100 billion cubic meter (bcm) of natural gas from the Norwegian continental shelf to Continental Europe and Great Britain. 15% of the tota ...

* Petoro Partially owned

public limited companies A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be f ...

: *

Equinor Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state-owned multinational energy company headquartered in Stavanger. It is primarily a petroleum company, operating in 36 countries with additional investments in renewable energy. I ...

(62% ownership)

References

External links

Official web site
Petroleum and Energy

Norway Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of ...

Ministry of Petroleum and Energy Ministry of Petroleum and Energy Ministry of Petroleum and Energy Petroleum politics 1978 establishments in Norway Norway, Petroleum and Energy {{norway-gov-stub