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Fails to safeguard jobs

"The government’s proposals for ensuring activity in the oil and gas industry do not protect jobs, value and expertise which the country will need in the time to come."

“That applies not least to the supplier industry.”, says Knut Thorvaldsen, acting director general of the Norwegian Oil and Gas Association.  

These measures were presented today in a bid to assist the sector at a challenging time.

“The government has not taken account of the facts we have put on table,” Thorvaldsen emphasises.

With the proposals from the government formulated differently from the action requested by the industry, a number of companies have presented analyses which show that these measures will not help to ensure that profitable projects can be implemented as planned.

That could mean tens of thousands of jobs are lost and reduce government revenues in coming years. The proposals will also weaken projects and technology developments which are important for the work of meeting climate targets.

“It’s now crucial that the Storting [parliament] improves on the proposals so that we can actually safeguard activity and jobs,” says Thorvaldsen. “We haven’t asked for tax to be reduced, but for it to be postponed. That won’t cost society anything, while providing big benefits in coming years.”


Further information from

Tommy Hansen, communication director, Norwegian Oil and Gas Association, mobile: +47 909 58 450