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 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 begun its first 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. An announcement of which Validator the Norwegian MSG has chosen can be expected February 2010.

Governance of EITI implementation

On 26 June, 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. 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] no
Telephone: +47 22 24 90 90

Multi-stakeholder group

Lawyer Oluf Bjørndal, Stavanger
Alternate: Frode Bøhm, Stavanger

Senior Adviser Håkon Nordang, Stavanger
Alternate: Siv Helen Rygh Torstensen, Stavanger

Judicial Director Aksel Luhr, Stavanger
Alternate: Karl B. Myhre, Sandnes

Risk Manager Jon Jerre, Hosle

Director General Lars Erik Aamot, Oslo
Alternate: Gro Anundskaas, Nittedal

Legal Advisor Beate Bentzen, Oslo
Alternate: Stig Sollund, Oslo

Willy Olsen, Oslo

Secretary General Gro Skaaren-Fyrsto, Oslo

Coordinator Mona Thowsen, Oslo
Alternate: Per Bondevik, Oslo

Professor Ola Mestad, Oslo
Alternate: Professor Atle Midtun, Oslo

International Secretary Amalie Tofte, Oslo
Alternate: Liv Undheim, Oslo

Certified Auditor Fanny Voldnes, Oslo
Alternate: 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.