LOTOS EXPLORATION AND PRODUCTION NORGE AS

Operating

a) Leting etter og utvinning av hydrokarboner, b) tjenester i forbindelse med olje- og gassfelt, c) rørlednings- og andre typer transport, d) eierskap innen oljeleting og produksjonsområder, både offshore og på land, e) eierskap i andre eiendeler forbundet med oljeleting og - produksjon, herunder aksjer i andre selskaper, f) prosessere geologiske og geofysiske data g) tekniske analyser og forretningsanalyser, og h) annen virksomhet som står i forbindelse med dette.

Leting etter og utvinning av hydrokarboner, tjenester knyttet til olje- og gassfelt, rørlednings- og andre typer transport, prosessere geologiske og geofysiske data.

Keywords

extractioncrude oilbituminousoilyshaletar sandsproductiondecantationdesalinationdrying stabilization

Organization

Chairman of the board: PA
Piotr Adam Statkiewicz1977
Years since formation: 18 years; since Sep 22, 2007
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 4,431,890,001; 2 share classes
Total number of shareholders: 2; persons

Financials

Annual total result 2024: 211,210,639; NOK
Total equity 2024: 44,318,900; NOK

Last update: Sep 9, 2025

Management

Board

Name	Role	Shares
PA Piotr Adam Statkiewicz 1977	Chairman, Contact Person	-
ML Mateusz Lukasz Herstowski 1983	Board Member	-
AT Aleksandra Tuzimek 1989	Board Member	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-
E ERNST & YOUNG COMPLIANCE SERVICES AS	Accountant	-

Last update: Feb 6, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
UL Upstream Lotos	Class B shares	4,431,890,000	100 %
OS Orlen S.a.	A-shares	1	< 0.01 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	0	0	5,612,228,135	3,063,251,057
Annual Total Result	211,210,639	492,623,975	789,130,798	557,524,652
Total assets	4,745,262,079	5,367,633,276	9,663,187,636	6,904,339,641
Total liabilities	4,700,943,179	90,002,648	6,695,851,999	4,726,134,806
Total equity	44,318,900	5,277,630,628	2,967,335,635	2,178,204,834

P&L

Year	2024	2023	2022	2021
Total operating income	0	0	5,612,228,135	3,063,251,057
Total operating costs	7,398,418	8,606,518	2,312,174,270	1,088,640,281
Operating result	-7,398,418	-8,606,518	3,300,053,865	1,974,610,776
Financial income/costs	299,061,907	394,851,356	-48,528,730	-154,091,651
Profit before tax	291,663,489	386,244,838	3,251,525,135	1,820,519,125
Total tax & extraordinary income/cost	80,452,850	-106,379,137	2,462,394,337	1,262,994,473
Annual Total Result	211,210,639	492,623,975	789,130,798	557,524,652

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	59,971	1,888,821	5,688,901,388	4,278,327,144
Total current assets	4,745,202,108	5,365,744,456	3,974,286,248	2,626,012,497
Total assets	4,745,262,079	5,367,633,276	9,663,187,636	6,904,339,641
Short term debt	4,700,943,179	90,002,648	2,956,334,639	1,502,811,329
Long term debt	0	0	3,739,517,360	3,223,323,477
Total liabilities	4,700,943,179	90,002,648	6,695,851,999	4,726,134,806
Contributed capital	44,318,900	4,431,890,000	4,431,890,000	4,431,890,000
Retained earnings	0	845,740,628	-1,464,554,365	-2,253,685,166
Total equity	44,318,900	5,277,630,628	2,967,335,635	2,178,204,834
Total equity and liabilities	4,745,262,079	5,367,633,276	9,663,187,634	6,904,339,640

Classification

21st company classification

BETA

Industrial large enterprise

LOTOS EXPLORATION AND PRODUCTION NORGE AS991 735 194