Oil for Development - Annual report 2017
About the publication
- Published: June 2018
- Series: --
- Type: Annual reports
- Carried out by: Norad
- Commissioned by: --
- Theme: Natural resources (including oil)
- Pages: 21
- Serial number: --
- ISBN: 978-82-7548-971-3
- ISSN: --
The Oil for Development (OfD) programme was initiated in 2005 and is today an important contributor to Norway’s development assistance. Norway shares its experience of developing a robust petroleum management regime through long-term institutional cooperation agreements with partner countries.
In 2017, twelve countries were included in the OfD portfolio.
The OfD programme is based on the premise that responsible governance is an important prerequisite for sustainable economic growth and the welfare of the citizens. It provides broad-based institutional capacity support to the management of petroleum resources, environmental and safety issues, and revenues earned from the petroleum sector.