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Investment on the Norwegian continental shelf (NCS) will continue to decline in 2016 and 2017. Work currently under way in the companies will of itself reduce capital spending by cutting costs in
The committee on fiscal policy is the Norwegian Oil and Gas Association’s formal body for dealing with issues related to petroleum taxes and other fiscal frame conditions affecting its members.
This year’s negotiations for the collective pay agreements which the Norwegian Oil and Gas Association is a party to begin on 18 May. A number of settlements are due to be reached.
The Norwegian Union of Energy Workers (Safe) has refused to accept the negotiated result for the oil agreement, which also covers land-based facilities in Norway. This settlement has accordingly
Norwegian Oil and Gas today presented its analysis of investment on the Norwegian continental shelf (NCS) in 2022-26.
This year’s negotiations for the collective pay agreements, which the Norwegian Oil and Gas Association is a party, to begin on 2 May. A number of settlements are due to be reached.
Negotiations over a new set of agreements on pay and conditions for the land bases serving Norway’s offshore sector are under way this week. The industry is in a very demanding position, and the
Monday to Wednesday this week have been allocated to negotiations for new collective pay agreements with the Norwegian Union of Industry and Energy Workers (Industry Energy) and with the Norwegian
A united Norwegian oil and gas industry has proposed changes to the petroleum tax regime which will intensify and create motivation for increased activity on Norway’s continental shelf (NCS).
It is positive that the government is responding to the petroleum sector, but the proposals presented today have important weaknesses which mean that the industry will receive limited benefit from