The Oil for Development programme

The Oil for Development (OfD) programme was launched by the Norwegian Government in September 2005. OfD represents a thematic broadening of the petroleum sector development assistance that Norway has provided since the early 1980s through an increased focus on revenue management and environmental management.

Principles of good governance, such as anti-corruption, transparency and accountability, are cross-cutting in all assistance provided by the OfD programme.

Decades of experience in the oil and gas sector have given Norway valuable expertise in how to manage petroleum resources in a sustainable way. The OfD programme provides assistance to developing countries, upon their request, in their efforts to manage petroleum resources. The operative goal of the programme is “economically, environmentally and socially responsible management of petroleum resources which safeguards the needs of future generations”.

OfD is a unique programme where Norway can make a real difference based on our experiences.