Discovery of oil in the North Sea and Norway's petroleum management (1969–1990)

1. Norway opens first offshore licensing round

   Apr 13, 1965Labels: Norwegian continental, Offshore licensing

   • Petroleum Museum
   • Norwegianpetroleum no

2. Ekofisk discovery confirms major Norwegian oil

   Oct 24, 1969Labels: Ekofisk, Phillips Petroleum

   • Norwegianpetroleum no
   • Ekofisk Museum

3. Storting issues the “10 oil commandments”

   Jun 7, 1971Labels: Storting, 10 oil

   • Petroleum Museum

4. Ekofisk begins test production offshore

   Jun 14, 1971Labels: Ekofisk, Test production

   • Norwegianpetroleum no

5. Norway creates Statoil as state oil company

   Jul 14, 1972Labels: Statoil, Storting

   • SAGE
   • Statoil History

6. Norway establishes the Norwegian Petroleum Directorate

   Jul 14, 1972Labels: Norwegian Petroleum, NPD

   • NPD history

7. Statfjord discovery expands Norway’s North Sea outlook

   Feb 19, 1974Labels: Statfjord, North Sea

   • Petroleum Museum
   • Norwegianpetroleum no

8. Norway introduces the Petroleum Taxation Act

   Jun 13, 1975Labels: Petroleum Taxation, Norwegian tax

   • Regjeringen no
   • Valhall Museum

9. Ministry of Petroleum and Energy established

   Jan 11, 1978Labels: Ministry of, Norwegian government

   • Ministry ref

10. Statfjord A starts production as a new export pillar

    Nov 24, 1979Labels: Statfjord A, Offshore production

    • Equinor Statfjord
    • Petroleum Museum

11. Political compromise “clips Statoil’s wings”

    Apr 1, 1984Labels: Political compromise, Statoil

    • Petroleum Museum
    • SDFI overview

12. SDFI created to separate state ownership from Statoil

    Jan 1, 1985Labels: SDFI, State ownership

    • SDFI
    • Petroleum Museum

13. Storting passes law establishing the Petroleum Fund

    Jan 1, 1990Labels: Government Petroleum, Storting

    • NBIM history
    • Regjeringen no