About Petoro
Petoro AS is a Norwegian state-owned company that manages the state's direct financial interest in the petroleum sector. Established in 2001, Petoro plays a crucial role in ensuring that the Norwegian government maximizes its revenue from oil and gas resources. The company is responsible for managing the state's ownership interests in various oil and gas fields, including the significant assets on the Norwegian continental shelf. Petoro's operations are focused on optimizing the value of these assets through effective management and strategic partnerships. The company is committed to sustainable development and adheres to strict environmental standards in its operations. Petoro also engages in various initiatives to promote innovation and efficiency in the energy sector, contributing to Norway's position as a leading player in global energy markets.
Company facts
- Industry
- Oil & Energy
- Sub-industries
- Oil and Gas Exploration, Petroleum Management, Energy Trading, Sustainability Consulting, Asset Management
- Location
- Stavanger, Norway
- Employees
- 51–200
- Founded
- 2001
Products and services
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