Petoro is a company that is wholly owned by the Government of Norway. Established in 2001, it manages the Government's portfolio—collectively called State's Direct Financial Interest (SDFI)—of exploration and production licenses for petroleum and natural gas on the Norwegian continental shelf. The company also has a control function surveying Equinor's production on behalf of the Government. Petoro is not an operator of any fields and does not directly own the licenses.

Petoro AS
TypeState owned
IndustryPetroleum
Founded2001
HeadquartersStavanger, Norway
Area served
Norway
Key people
Grethe Moen[1] (CEO)
Gunnar Berge (Chairman)
RevenueNOK 214,585 billion (2008)
NOK 157,843 billion (2008)
NOK 155,420 billion (2008)
Number of employees
60+
ParentGovernment of Norway
Websitehttp://www.petoro.no/

ReferencesEdit

  1. ^ Karen Thue (28 May 2013): Grethe Moen til topps i Petoro (in Norwegian), retrieved 12 June 2013

External linksEdit