Beginning Jan. 1, 2024, the Norwegian Petroleum Directorate (NPD) and the Petroleum Safety Authority (PSA) will change their names. The NPD will become the Norwegian Offshore Directorate. The PSA will become the Norwegian Ocean Industry Authority.
Both agencies play important roles in the effort to further evolve the Norwegian shelf, both within oil and gas as well as new industries, said Prime Minister Jonas Gahr Støre.
“These name changes are a recognition of the important work done by the directorate and the authority in developing transport and storage of CO2, offshore wind, and seabed minerals,” the Prime Minister said at a townhall meeting with NPD and PSA employees.
“We have a shelf that is enormously rich in resources. Not only do we have oil and gas for a long time to come, we also have significant capacity to store CO2, as well as good wind resources. Not to mention that we've also identified a potential for considerable mineral resources,” Stordal said.