The establishment of the new organisation – Norwegian Energy Partners – is the result of a merger between INTSOK and INTPOW in 2017 given the name NORWEP. NORWEP will continue to provide support to the oil and gas supply industries in Norway, but will also now work with the renewable energy sector. The Norwegian Energy Partners will be combining the competence in previous INTSOK and INTPOW to mutual benefit for the whole Norwegian energy industry – as the international oil companies now reshaping and extending their investment strategies and the Norwegian supply industry looking to be well positioned to compete also in the renewable markets. In 2018 the Norwegian Government would give 3.7million Euro to NORWEP – to promote the Norwegian energy sector to the international market.
INTSOK was an effective vehicle for promoting the Norwegian offshore industry’s capabilities to key clients in overseas markets and providing market information to its partners. The focus was on global opportunities, not only amongst large Norwegian companies but also amongst small and medium-sized enterprises. INTSOK was a network-based organisation where the partners exchange experience and knowledge of market developments internationally. INTPOW was the only national and the principal networking organisation for the Norwegian renewable energy industry. INTPOW’s members were Norwegian authorities, companies and other industry participants with an international expansion strategy. The joint forces between INTSOK and INTPOW will be an even stronger unit to open doors for Norwegian companies and technology.
The new organisation – NORWEP
Norwegian Energy Partners will be combining the competencies of both organisations to mutual benefit for the whole Norwegian energy industry – building on:
- The Norwegian energy sector has developed industry with experience, ideas, products and technologies – that are competitive in the most demanding global markets.
- International oil companies are now reshaping and extending their investment strategies in to the renewable energy sector.
- The Norwegian industry, known for its safe, reliable and energy efficient solutions, could also have a competitive edge with the increasing awareness around climate change.
The Norwegian Energy Partners role will be to continue the effective work done by INTSOK/INTPOW – for promoting the Norwegian energy industry’s capabilities, technologies and competence to key clients in the overseas markets and providing market information to the partners. NORWEP would still be a network-based organisation, facilitating dialogue between energy companies, technology suppliers, service companies and the Government.
New possibilities – Investment in renewable energy
Investment in renewable energy, energy efficiency and low carbon solutions are rapidly increasing. The Norwegian supply industry has a lot to offer in this changing energy landscape. The petroleum industry has solved technological challenges in a demanding environment on the Norwegian continental shelf since the very beginning of the oil production in Norway. The Norwegian supply industry has over 100 years of experience in developing hydropower, and is increasingly delivering technology to solar and wind development projects. The supply industry’s valuable competence is utilised across sectors. In fact, half of the members of former INTSOK – traditionally delivering to the petroleum sector, also delivers equipment, services and technology to the renewable energy sector.
- Solar energy
- Wind energy
Arctic and cold climate solutions
The Norwegian Energy Partners would also have a special focus on arctic and cold climate solutions – to strengthen Norwegian arctic related technology and competence. NORWEP wants to pave the way for Norwegian industry delivering world class technology and solutions for arctic and cold climate areas, as well as infrastructure – looking at international markets as USA (Alaska), Canada and Russia.
This is of course a very interesting focus for the Northern Periphery and Arctic Programme, NORWEP and the Norwegian Government discussing arctic and cold climate development projects.
Fast track internationalisation
NORWEP will assist the participating companies from the energy sector – in identifying their most optimal international markets based on the products and services the individual companies offer, as well as connect the companies to their respective markets. The result is an internationalisation strategy with defined activities and action plan on how to achieve the objectives. All done to reach a higher level of internalisation of the Norwegian energy business – building on fast track solutions.