Most of the amount swindled from the Norwegian Petroleum Directorate is back where it belongs

OD2

11/02/2020 In November of last year, the Norwegian Petroleum Directorate (NPD) was the target of a payment fraud amounting to 17.6 million kroner. Most of these funds, around NOK 17 million, have now been returned to the Directorate.

"We are obviously very pleased that most of the funds fraudulently taken from us have been returned," says Assistant director Torhild S. Nilsen.

The money has been returned to the NPD thanks to good efforts on the part of the DnB bank, which secured return of the funds from a foreign bank.

After the fraud, the NPD sought assistance from PwC, which has expertise in investigating these types of cases. They have recommended actions that the NPD can take to further improve payment routines. Improvements are now being introduced in line with these recommendations. There are no indications of data breaches in the NPD’s systems, or that our data security has failed.

"While we did indeed believe that our payment routines were good before this happened, this proves that anyone can be vulnerable to this type of advanced crime."

"We therefore believe that openness around such a case of fraud is important. Perhaps in this way we can contribute to help others learn, and thus avoid being swindled," says Torhild S. Nilsen.

Contact
Eldbjørg Vaage Melberg

Tel: +47 51 87 61 00

Updated: 11/02/2020

Latest news

Boreløyve for brønn 6407/9-13 i utvinningsløyve 1060
22/10/2021 The Norwegian Petroleum Directorate has issued a drilling permit to Equinor Energy AS for well 6407/9-13, cf. Section 13 of the Resource Management Regulations.
Dry well southeast of the Johan Sverdrup field in the North Sea – 17/8-1
22/10/2021 Lundin Energy Norway AS, operator of production licence 976, is in the process of concluding the drilling of wildcat well 17/8-1.
Drilling permit for well 36/1-4 S in production licence 885
21/10/2021 The Norwegian Petroleum Directorate has issued a drilling permit to Wellesley Petroleum AS for well 36/1-4 S, cf. Section 13 of the Resource Management Regulations.
Production figures September 2021
20/10/2021 Preliminary production figures for September 2021 show an average daily production of 2 022 000 barrels of oil, NGL and condensate,
Drilling permit for well 24/12-7 in production licence 1041
18/10/2021 The Norwegian Petroleum Directorate has issued a drilling permit to Aker BP ASA for well 24/12-7, cf. Section 13 of the Resource Management Regulations.
Minor oil and gas discovery near the 7122/6-1 (Tornerose) discovery in the Barents Sea – 7122/6-3 S
13/10/2021 Vår Energi AS, operator of production licence 901, has concluded the drilling of wildcat well 7122/6-3 S.
Dry well near the Solveig field in the North Sea – 16/4-12
08/10/2021 Lundin Energy Norway AS, operator of production licence 981, is in the process of concluding the drilling of wildcat well 16/4-12.
25 years’ experience with safe and secure CO2storage
05/10/2021 Carbon capture and storage (CCS) is a hot topic. Director General Ingrid Sølvberg recently took part in a panel discussion at the EU-Norway Energy Conference to spread the word about safe and secure storage of CO2 on the Norwegian shelf.
Minor oil discovery near the Ekofisk field in the North Sea – 2/5-15
28/09/2021 DNO Norge AS, operator of production licence 006 C, has concluded the drilling of wildcat well 2/5-15.
Delineation of the 6507/3-13 oil and gas discovery southwest of the Norne field in the Norwegian Sea – 6507/3-14
28/09/2021 Equinor Energy AS, operator of production licence 159 B, has concluded the drilling of appraisal well 6507/3-14.