Norway

DONG supports the EITI

The EITI is pleased to welcome DONG as the latest EITI Supporting Company.

Norway and USA to share best practice on EITI

Ken Salazar, US Secretary of Interior, and Ola Borten Moe, Norwegian Minister of Petroleum and Energy, met on Tuesday to discuss cooperation in the energy sector between Norway and the USA.

PRESS RELEASE: Six more countries compliant with transparency and accountability standard

PARIS, 2 March 2011 – The Central African Republic, The Kyrgyz Republic, Niger, Nigeria, Norway, and Yemen have achieved Compliance with the Extractive Industries Transparency Initiative (EITI), the global standard for improved transparency in the oil, gas and mining sectors. The EITI Board designated them as ‘EITI Compliant’ at their meeting today in Paris, bringing the total number of EITI Compliant countries up to 11.

Norway publishes 2009 EITI Report

UPDATED 8 March: Publication and launch of the Timor Leste report is still pending.

Norway's EITI Report available now

The launch of Norway's first EITI Report on Thursday 21 January was welcomed by Revenue Watch Institute, the Norwegian Ministry of Petroleum and Energy, and reported by amongst others the weekly oil newspaper 

Press Release: Norway discloses oil revenue payments in first EITI Report

OSLO, 21 JANUARY 2010. Today the Norwegian government published all payments made by oil companies to the government for 2008. In this move to bolster Norwegian transparency standards, the payment data was made available in its first EITI Report. File:  2010-01-21 Press Release - Norway.pdf

Norway

Compliant country Norway EITI website Overview of the Extractive Industries According to the 2008 BP Statistical Energy Survey, Norway had proved oil reserves of 8.171 billion barrels at the end of 2007 or 0.66 % of the world's reserves. During the same period Norway produced an average of 2556 thousand barrels of crude oil per day, 3.04% of the world total. Norway ranks as the world's third largest oil exporter and the seventh largest oil producer. According to the 2008 BP Statistical Energy Survey, Norway had 2007 proved natural gas reserves of 2.96 trillion cubic metres, 1.66% of the world total, and natural gas production of 89.68 billion cubic metres, 3.04% of the world total. Status of EITI Implementation Norway was accepted by the EITI Board as EITI Compliant on 1 March 2011. The final validation report is available here. Norway must be revalidated by 29 February 2016. Stakeholders in the process may request that the EITI Board requires a new Validation at any time within that period if they think the process needs reviewing.Norway launched its 2009 EITI Report on 22nd December 2010, and is currently preparing its third report. The timetable specified in Norway’s EITI regulation says that the draft report is to be presented to the MSG by 1 October. The MSG has until 1 November to submit any comments to the draft. By 15 November the report is to be completed and then published.Norway was accepted as an EITI Candidate on 11 February 2009 and became the 25th implementing country. It now has until 10 February 2011 to undertake Validation.  June/July 2009 Norway formalised its multi-stakeholder group, passed EITI regulation into law, and began preparing its first EITI Report. All extractive companies and relevant governmental agencies operating in Norway were required to report all of their tax, license and royalty payments and receipts by 17 August 2009. The completed reporting templates are compiled and reconciled by the audit firm Deloitte that was chosen to act as EITI Reconciler. The Reconciler was chosen by the Norwegian government after a public tender. The first Norwegian EITI Report was published at a launch conference 21 January 2010. The Norwegian Multi-Stakeholder Group and the Norwegian Ministry of Petroleum and Energy issued on 11 November 2009 a call for tenders for the procurement of a consultant to validate Norwegian EITI implementation. Early 2010 the Norwegian MSG chose Oxford Policy Management + G-Partner as Validator. The EITI Validation was carried out February to May, and the draft Validation Report was agreed by the MSG and submitted to the EITI International Secretariat in June. The Validation Committee submitted its comments to the Validator September 2011. Norway submitted their final Validation Report and thus completed Validation in November 2010. Governance of EITI implementation On 26 June 2009, the Norwegian multi-stakeholder group was formalised when it was appointed by the King-in-Council. The reporting requirements for the companies and government agencies were passed into law under the “Regulation on reporting and reconciliation of revenue flows from petroleum activity” that went into effect on 1 July 2009. The regulation is available in Norwegian on Norwegian Lawdata. The members of the multi-stakeholder group are listed on the minutes from the King-in-Council 26 June 2009, as well as below. National Coordinator Mr Lars Erik Aamot, Director General at the Ministry of Petroleum and Energy Email: lea [at] oed [dot] dep [dot] noTelephone: +47 22 24 90 90 Multi-stakeholder group Lawyer Oluf Bjørndal, StavangerAlternate: Frode Bøhm, Stavanger Senior Adviser Håkon Nordang, StavangerAlternate: Siv Helen Rygh Torstensen, Stavanger Judicial Director Aksel Luhr, StavangerAlternate: Karl B. Myhre, Sandnes Risk Manager Jon Jerre, Hosle Director General Lars Erik Aamot, OsloAlternate: Gro Anundskaas, Nittedal Legal Advisor Beate Bentzen, OsloAlternate: Stig Sollund, Oslo Willy Olsen, Oslo Secretary General Gro Skaaren-Fyrsto, Oslo Coordinator Mona Thowsen, OsloAlternate: Per Bondevik, Oslo Professor Ola Mestad, OsloAlternate: Professor Atle Midtun, Oslo International Secretary Amalie Tofte, OsloAlternate: Liv Undheim, Oslo Certified Auditor Fanny Voldnes, OsloAlternate: Camilla Houeland, Oslo Companies operating* Oil & gas companies: Amerada Hess*, BG*, BP*, Chevron*, ConnocoPhillips*, DONG, Eni*, E.ON, ExxonMobil*, Det Norske Oljeselskap, Gaz de France, Lundin, Maersk Oil, Marathon*, Mobil Development, Petro-Canada, Shell*, Statoil*, Talisman*, Total*, Wintershall Mining companies: Franzefoss Minerals, Knaben Molybden, North Cape Minerals, Rana Gruber, Store Norske, Titania and Tschudi Shipping Company* EITI Supporting Company * Note: Company list based on EITI research and is not conclusive Further information about the status of EITI implementation in Norway can be provided by Anders Tunold Kråkenes at the EITI International Secretariat.

EITI Newsletter July 2010: Unprecedented activity in EITI countries

As we approach half-way through 2010, it is proving to be as momentous for the EITI as expected. Although most of the 22 first EITI countries did not complete the validation of their EITI processes by their deadlines, eyes are now turned towards those granted short extensions to complete by September. Countries’ efforts to meet the deadlines have led to an unprecedented level of activity to improve transparency in the extractives sector. In the past 12 months, 18 countries have produced EITI Reports. File:  EITI-Newsletter-2010-July.pdf

EITI reporting underway in Norway

Five months after beeing accepted as an EITI Candidate, Norway has formalised its multi-stakeholder group, passed EITI regulation into law, and begun its first report.

Chairman's summary report on 4th EITI Global Conference

The 4th EITI Global Conference in Doha, Qatar, on 16-18 February marked an historic moment for the EITI, with over 500 participants from 80 countries, 70 speakers, and with countless meetings taking place on the sidelines. The Conference marked the EITI's transformation from a start-up initiative to a global transparency standard. Furthermore, Azerbaijan has become the first country to achieve Compliant status. File:  Report from Conference.pdf