Strategy

Bullet

Noreco believes there is value in being part of the whole upstream value chain, and the business model is to reinvest profits from the producing assets into the growth of the Company through exploration, developments and acquisitions.

Noreco will create significant value from exploration. The company undertakes active high grading of the exploration portfolio to select wells with a significant value creation potential for the company.

The geographic focus for Noreco is Norway, UK and Denmark, where we have expertise, there is substantial exploration potential and the infrastructure is in place.

We are investing in capacity for further growth, and will continue to recruit highly motivated oil and gas professionals who will participate in the value creation of the company.

Strategy model