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Legal Documents

  • Act No.13/2001 on Prospecting, Exploration and Production of Hydrocarbon, including later amendments
  • Regulation No. 884/2011 on Prospecting, Exploration and Production of Hydrocarbons
  • Regulation No. 39/2009 on the Hydrocarbon Research Fund
  • Act No.109/2011 on the Taxation of Hydrocarbon Extraction
  • Model License for Exploration and Production of Hydrocarbons
  • Enclosure to Model Licence: Special Provisions
  • Enclosures A and B to Model Licence: Joint Operating Agreement and Accounting Procedures
  • Agreement of 22 October 1981 between Iceland and Norway on the continental shelf in the area between Iceland and Jan Mayen
  • Agreed Minutes of 3 November 2008 concerning the Right of Participation pursuant to Articles 5 and 6 of the Agreement of 22 October 1981
  • Agreement of 3 November 2008 between Iceland and Norway concerning transboundary hydrocarbon deposits

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