Revised national budget 2021-2022: Energy investments

Last updated: 6 December 2022

Allocations from Ministry of Petroleum and Energy regarding energy investments in the revised state budget 2022. These include an increase to the allocation for CO2 management by NOK 390 million, to NOK 3,840 million in 2022. Furthermore, the government proposes NOK 65 million for studies and ground investigations of the seabed on the Southern North Sea II and Utsira North. An additional grant of NOK 10 million is also proposed to map how existing and new industries affect other sectors and ecosystems.

Want to know more about this policy ? Learn more