Author: Asle Hvidsten

New Measurement Regulations for the Petroleum Sector Came Into Effect on May 1, 2023

On May 1, 2023, new measurement regulations for the petroleum sector came into effect in Norway. The new regulations are mainly a continuation of the old regulations, with updated provisions and guidelines for the measurement of oil and gas. The Norwegian Petroleum Directorate (NPD) aimed to simplify and clarify the rules by updating the regulations. … Continue reading