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There is a great potential for reducing significant amounts of CO2 and NOx emissions on rigs. The NOx Fund has visited the jack-up rig Noble Invincible to look at NOx-reducing measures that have been implemented and supported by the NOx Fund.
The NOx Agreement 2018-2025 has been extended by two years. All companies must sign the new Supplementary Agreement for 2026-2027 in order to be entitled to a tax exemption from the state from 1st January 2026.
The NOx Fund increases the urea support to a maximum of NOK 15 per kg of urea solution.
The payment rate for 2023 will increase by NOK 0,50 per kg of NOx emissions for both high and low rates.
The NOx Fund has approved support for nine new measures in this round of applications. The projects provide a total estimated NOx reduction of 400 tonnes and a support amount of NOK 167 million.
The NOx Fund has decided to increase the support rate for NOx-reducing measures and fleet renewal.
The NOx Fund has decided to be stricter on accepting what is confidential or not confidential on submitted applications for support for NOx-reducing measures. The decision enters into force with immediate effect.
There is a potential to reduce substantial amounts of CO2 and NOx emissions through improved energy efficiency on drilling rigs. Transocean has implemented energy efficiency measures on its rigs in Norway’s taxable waters with support from the NOx Fund.
The Ministry of Climate and Environment and the business organizations have extended the NOx Agreement (2018-2025) by two years, so that the effective period expires in 2027. The supplement means that emission ceilings are set for the years 2026-2027, and that the Agreement provides a basis for tax exemption for NOx tax until December 31st, 2027.
Here you will find presentations from webinars arranged by the NOx Fund.
