EPIM collects a yearly administration fee from all user organizations, excluding EPIM members and Norwegian authorities. This fee covers support to contract administrators in user organizations related to:
- On-boarding and off-boarding EPIM or EPIM service(s)
- Validating and maintaining company information
Fee level is adjusted yearly, based on cost recovery as a principle. For July 2019 to July 2020 the yearly administration fee is NOK 1.000,-
A yearly member fee is paid by EPIM member organizations only.
EPIM member organizations are the operators of exploration, production and transport licenses on the Norwegian Continental Shelf, with a signed Cooperation Agreement with EPIM.”
Referring to section “Service fees” in each special term document, available at www.epim.no/terms.