Petoro
From Wikipedia, the free encyclopedia
| Petoro AS | |
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| Type | State owned |
|---|---|
| Founded | 2001 |
| Headquarters | Stavanger, Norway |
| Key people | Kjell Pedersen (CEO) |
| Area served | Norway |
| Industry | Petroleum |
| Revenue | NOK 177 million (2005) |
| Operating income | NOK 0 million (2005) |
| Parent | Government of Norway |
| Website | www.petoro.no |
Petoro, a company wholly owned by the state of Norway, manages Norwegian offshore oil and natural gas properties, State's Direct Financial Interest (SDFI), on behalf of the government. The company functions as a manager for the government and does not directly own the licences. The company also has a control function surveying Statoil's production on behalf of the government. The company is not operator of any fields.
The company was established in 2001 though SDFI has exsisted from the dawn of the Norwegian oil era. As of January 1, 2006 the value of the portfolio was NOK 875 billion. In 2005 the company produced 1.2 million barrels of oil equivilents per day and had an operating income of NOK 113 billion.
[edit] External links
BaneService • BaneTele • Entra Eiendom • Flytoget • Gassco • Kings Bay • Mesta • Norsk Rikskringkasting • Norsk Tipping • Norges Statsbaner • Petoro • Posten • Statkraft • Statnett • Store Norske • Vinmonopolet
See also: Category:Norwegian government enterprises • List of Norwegian government enterprises
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