Strategy & Vision

Noreco’s vision is to build a leading independent oil and gas company in the North Sea

Grow through license rounds and acquisitions

Progress Resources from Prospect to Production

Optimize Production

  • Focus exploration in offshore NW Europe
  • Explore in areas where we have competence or compliment our current portfolio
  • Acquisitions must be material, or in area where we want to increase presence
  • Extensive drilling program
  • Progress discoveries to deliver value growth
  • Focus on material discoveries
  • Maximize value creation from production assets
  • Accelerate ability to reinvest in exploration and developments
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