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PETORO AS983 382 355

Gas production
Limited company
Øvre Strandgate 124 4005 STAVANGER, Norge

PETORO AS

Operating
Den norske stat har andeler i en rekke olje- og gassfelt, rørledninger og landanlegg tilknyttet norsk kontinentalsokkel gjennom Statens direkte økonomiske engasjement (SDØE). Disse andelene ivaretas av Petoro AS.
På vegne av staten for statens regning og risiko å ha ansvaret for og ivareta de forretningsmessige forhold knyttet til statens direkte engasjement i petroleumsvirksomhet på norsk kontinentalsokkel og virksomhet i tilknytning til dette.
På vegne av staten for statens regning og risiko å ha ansvaret for og ivareta de forretningsmessige forhold knyttet til statens direkte deltagelse i petroleumsvirksomhet på norsk kontinentalsokkel og virksomhet i tilknytning til dette, herunder forvaltning av petroleum.

Keywords

productionnatural gaswet gasdry gasrecoverycondensatesdrainageseparationliquefied natural gasdesulphurisationliquefactionpyrolysis

Links

Organization

Chairman of the board
Years since formation
25 years
since May 16, 2001
Type
Limited company
VAT registered
Yes
Number of employees
79

Financials

Total operating income 2025
359,208,000
NOK
Annual total result 2025
11,709,000
NOK
Total equity 2025
55,649,000
NOK
Last update: Aug 10, 2026

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-
Board Member-
Board Member-
Alternate Member-
Alternate Member-
Board Member-
Board Member-
Board Member-
Alternate Member-
Alternate Member-

Others

NameRoleShares
D
DELOITTE AS
Auditor-
A
AZETS INSIGHT AS
Accountant-
Last update: Feb 14, 2026

Ownership

Shares owned by the PETORO AS

NameShare classTotal number of sharesShare
N
NORPIPE OIL AS
Ordinary shares
5,043
5 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
359,208,000
322,394,000
305,395,849
291,023,000
288,467,000
Annual Total Result
11,709,000
8,772,000
6,752,982
825,000
-358,000
Total assets
434,336,000
393,819,000
375,246,542
360,192,000
276,255,000
Total liabilities
378,686,000
349,879,000
340,077,470
331,776,000
248,664,000
Total equity
55,649,000
43,941,000
35,169,070
28,416,000
27,591,000

P&L

Year20252024202320222021
Total operating income
359,208,000
322,394,000
305,395,849
291,023,000
288,467,000
Total operating costs
362,536,000
328,639,000
310,795,391
296,277,000
290,584,000
Operating result
-3,328,000
-6,245,000
-5,399,542
-5,254,000
-2,117,000
Financial income/costs
15,037,000
15,017,000
12,152,524
6,079,000
1,759,000
Profit before tax
11,709,000
8,772,000
6,752,982
825,000
-358,000
Total tax & extraordinary income/cost
0
0
0
0
0
Annual Total Result
11,709,000
8,772,000
6,752,982
825,000
-358,000

Balance overview

Year20252024202320222021
Total fixed assets
5,104,000
711,000
1,422,081
2,360,000
1,305,000
Total current assets
429,232,000
393,108,000
373,824,461
357,832,000
274,950,000
Total assets
434,336,000
393,819,000
375,246,542
360,192,000
276,255,000
Short term debt
181,640,000
162,816,000
155,943,962
144,789,000
60,347,000
Long term debt
197,046,000
187,063,000
184,133,508
186,987,000
188,317,000
Total liabilities
378,686,000
349,879,000
340,077,470
331,776,000
248,664,000
Contributed capital
10,000,000
10,000,000
10,000,000
10,000,000
10,000,000
Retained earnings
45,649,000
33,941,000
25,169,070
18,416,000
17,591,000
Total equity
55,649,000
43,941,000
35,169,070
28,416,000
27,591,000
Total equity and liabilities
434,335,000
393,820,000
375,246,540
360,192,000
276,255,000

Classification

21st company classification
BETA
Industrial large enterprise
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
1120
Public incorporated enterprises, owned by central government
Standard industrial classification
B
Main industrial area
Mining and quarrying
06
Activity
Extraction of crude petroleum and natural gas
06.2
Main industrial group
Extraction of natural gas
06.20
Industrial group
Extraction of natural gas
06.200
Industrial group
Extraction of natural gas