Petoro

Petoro is a driving force on the Norwegian continental shelf, managing the State's Direct Financial Interest (SDFI) in a business-oriented manner. The Norwegian State holds shares in numerous oil and gas fields, pipelines, and onshore facilities related to the Norwegian continental shelf through SDFI. Petoro's portfolio includes a substantial portion of Norway's oil and gas reserves and associated facilities.

Petoro aims to create the greatest possible value and achieve the highest possible income for the State from the SDFI. The cash flow from the SDFI is entirely transferred to the Government Pension Fund Global (Oil Fund). Petoro is located at Øvre Strandgate 124, Stavanger, 4005, NO. The company has been entrusted by the Ministry of Petroleum and Energy with three main tasks: safeguarding the State's direct participating interests in the joint ventures in which the State has such interests at any given time; monitoring Equinor's disposal of the petroleum produced from the State's direct participating interests in accordance with the disposal instructions issued by the Ministry of Petroleum and Energy to Equinor; and financial management, including keeping accounts, for the State's direct participating interests.

Petoro is dedicated to value creation and operational excellence within the oil and gas sector. We invite Petoro’s management to create a customized and exclusive company showcase and product listing on our platform to further enhance its visibility and commercial opportunities.