The Norwegian Offshore Directorate has stipulated regulations relating to resource management in the petroleum activities (Resource Management Regulations), regulations relating to measurement of petroleum for fiscal purposes and for calculation of CO 2, (Measurement. The Norwegian Offshore Directorate has stipulated regulations relating to resource management in the petroleum activities (Resource Management Regulations), regulations relating to measurement of petroleum for fiscal purposes and for calculation of CO 2, (Measurement. Here are the key regulations relating to resource management in the petroleum activities and for storage and transport of CO2 on the continental shelf. Companies that have the necessary expertise and that have specific, industrial plans that entail a need for storage on a commercial basis can apply to the Ministry of. This page provides an overview of Norway's legal framework for the energy sector and water resources management. It has been important to develop a comprehensive legislative framework including requirements to obtain licences for various purposes. Official controls are required as part of the. The Regulations of 22 December 2011 No. 1523 on qualifications and certificates for seafarers (Qualification Regulations) do not contain specific competence requirements related to the introduction of new technology on board Norwegian ships. An overall goal is to ensure high value creation through efficient, safe, and environmentally friendly management of energy resources. The project is set to recei energy storage in China.