The current risk management approach for the Norwegian offshore petroleum industry came into effect in 2001 and has been stable with minor changes for 15 years. Relatively few new installations were slated for development until quite recently, and several new projects have been started in the last few years. The paper considers the risk management approach in the pre-FEED phase and builds on two case studies selected from the most recent cases. These case studies have been evaluated with respect to how uncertainties are considered in the early phase, based on the submission of the Plan for Development and operation, their evaluations by authorities and the supporting documents. Both case studies involve new concepts for which there is no experience from similar environments and/or water depths. In spite of what could have been expected, the case studies conclude that uncertainties have not been in focus at all during concept development. This appears to be definitely the case for the licensees, but also to be the case for the authorities. Some suggestions are presented for what could have been considered by the licensees and authorities. (C) 2014 Elsevier Ltd. All rights reserved.