Cessation of petroleum activities

Abstract

This thesis examines how the existing Norwegian decommissioning regulation can be made more compatible with key objectives of the circular economy. The research will be carried out through legal doctrinal research, and will focus on the Norwegian Petroleum Act, OSPAR and UNCLOS. The legal main rule is that redundant oil facilities shall be removed, but it some cases that might be impossible due to safety, economic or environmental reasons. It is there for possible to derogate from this main rule in limited cases. Climate change is a reality that requires urgent action, and the transformation of the decommissioning framework can be a step towards a more sustainable future. In the years to come it is predicted that many facilities will be decommissioned, and it is therefore important that this process happen in the most environmentally friendly way. In conclusion this thesis has shown the problems with the existing Norwegian legal framework and how it can be improved to be more compatible with the circular economy.