Noreco

Norwegian Energy Company ASA
Public limited Company (ASA)
Industry Oil and gas
Founded 2005
Founder local industry leaders[1]
Headquarters Oslo, Norway
Key people
 Riulf Rustad (Chairperson of the Board), Silje Augustson (CEO)
Revenue NOK 2,423.5 million (2008)[2]
Increase NOK 823.5 million (2008)[2]
Profit Increase NOK 120.2 million (2008)[2]
Website Homepage

Norwegian Energy Company ASA also known as Noreco is an independent international petroleum company based in Norway.

The company was established in January 2005 by Norway's local industry leaders. In December 2005, was awarded 3 production licences. In 2007, the company acquired Altinex ASA and in 2008, Talisman Oil Denmark.[1]

Main objective of the company is to explore, develop and produce oil and gas in the North Sea. The company operates in Norway, Denmark and United Kingdom.[3]

See also

Oselvar oil field

References

  1. 1 2 Noreco. History. 2005
  2. 1 2 3 "Annual Report 2008. Income Statement" (PDF). Norwegian Energy Company ASA (Noreco). Retrieved 2010-03-26.
  3. ↑ Noreco. About the company


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