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This article is about the Norwegian petruleum company. If you're looking for the Swedish rototilt inventor Noreco, see here.

Norwegian Energy Company ASA
Public limited Company (ASA)
IndustryOil and gas
Founderlocal industry leaders[1]
HeadquartersOslo, Norway
Key people
Riulf Rustad (Chairperson of the Board), Cecilie O. Lindseth (Managing Director)
RevenueNOK 2,423.5 million (2008)[2]
Increase NOK 823.5 million (2008)[2]
Increase NOK 120.2 million (2008)[2]

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[edit]


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

External links[edit]