News and current topics from various practice areas and industries

On Friday, June 11, the Minister of Petroleum and Energy Tina Bru presented Norway’s strategy to maintain its position as an energy nation. A key component of this strategy is offshore wind. The government believes that the interest in Norwegian offshore wind is now so significant that they can conduct an auction for the rights to develop offshore wind in the North Sea. We have taken a closer look at what this development involves.

The Norwegian Government on 11 June 2021 published a White Paper «Putting Energy to Work – Long Term Value Creation from Norwegian energy resources”.

Today, the government presented the parliamentary report “Energy for Work – Long-term Value Creation from Norwegian Energy Resources.”

Norway has a well-developed contractual and regulatory framework for ICT procurements and contracts are commonly based on a model agreements from one of the three “families” of model agreements in Norway. This article is intended as a brief guide for foreign companies that are involved in ICT procurements in Norway.

With regards to the presentation of the revised National Budget, the Norwegian government announced their plans concerning the introduction of a moderate production tax on onshore wind power production from 2022.

Copyright & Design 2021

The Port of Bergen is one step closer to a new cargo port.

Hjort advised Novamont, a PE-owned European leader in biodegradable materials and biochemicals, on the acquisition of 100% of the shares in BioBag AS, a Norwegian pioneer in compostable bags and packaging solutions.

In a ruling of 13 November 2020, the Supreme Court reversed the Court of Appeal’s decision and ruled that a company was not obliged to offer employees early retirement in connection with a downsizing.