Oil of development
06/04/2007 The Ministry of Petroleum and Energy has joined the Ministries of Foreign Affairs, Finance and the Environment to help developing countries with petroleum administration and good governance. This Oil for Development commitment involves financial support in the shape an additional annual appropriation of NOK 50 million for five years from 2006. Strengthening bilateral assistance to countries which want Norwegian oil and gas expertise is supplemented by an emphasis on good governance and transparency in petroleum administration. With a wide scope, the programme covers such issues as resource and revenues management, environmental considerations and business development. Specialist and administrative bodies with relevant expertise and experience, such as the NPD, Petrad and Intsok, will be brought into the work. Coordination rests with the Norwegian Agency for Development Cooperation (Norad).
The International Programme for Petroleum Management and Administration (Petrad) forms part of Norway’s development cooperation, supported by the Ministry of Petroleum and Energy. Organised as a foundation, it offers various types of expertise transfer for the management of national oil companies and petroleum bureaucracies in developing countries.
An important part of Petrad’s activities is the annual eight-week course held at the NPD’s premises in Stavanger.
Sonia Chovaki (left) from Algeria and Sherif Faye from the Gambia were among participants at Petrad’s eight-week course in Stavanger during the autumn. First staged as early as 1991, this programme has been attended so far by roughly 700 people from 69 nations. Photo: Emile Ashley
The Norwegian Oil and Gas Partners (Intsok) foundation was created by the government in cooperation with Norway’s petroleum industry to promote the internationalisation of this sector.
Seen by the authorities as an important partner, Intsok has about 160 members and aims to help Norwegian petroleum-related companies boost their foreign sales from about NOK 50 million in 2005 to roughly NOK 80 billion by 2010.
The Norwegian Agency for Development Cooperation (Norad) is a directorate subordinate to the Ministry of Foreign Affairs.
Its remit is to help ensure proper management of aid funds as well as quality assurance and evaluation of Norway’s development cooperation activities.
Intended to be an innovative specialist in the fight against poverty, the agency cooperates closely with national and international bodies. It finances, colla borates with and is informed about organisations, institutions and companies.
Combining organisational knowledge with professional advice is intended to improve Norad’s services through greater access to experience.
Its Norwegian partners include aid and humanitarian organisations, companies, unions, cultural bodies, academic communities, government agencies and institutions.