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Petoro

Petoro AS
State owned
Industry Petroleum
Founded 2001
Headquarters Stavanger, Norway
Area served
Norway
Key people
Grethe Moen[1] (CEO)
Gunnar Berge (Chairman)
Revenue NOK 214,585 billion (2008)
NOK 157,843 billion (2008)
NOK 155,420 billion (2008)
Number of employees
60+
Parent Government of Norway
Website http://www.petoro.no/

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 Statoil's production on behalf of the Government. Petoro is not an operator of any fields and does not directly own the licenses.

References

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

External links

  • Petoro.no


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