A Driving Force on the Norwegian Continental Shelf

Our primary task is to create the greatest possible value for the State from the SDFI interests, while also ensuring efficient operations and holistic development of the gas infrastructure.

Strong cash flow and key decisions for future production

Petoro delivered NOK 137.5 billion in net cash flow from the State’s Direct Financial Interest (SDFI) in the first half of 2026, a decrease of NOK 1.6 billion compared with the same period last year. At the same time, several important project decisions were made that will contribute to increased production and long-term value creation through the utilisation of existing infrastructure on the Norwegian Continental Shelf.

[07.08.2026] - Press release - First half 2026

Results

Petoro shall, on a commercial basis, create the greatest possible financial value from the SDFI.

Key Figures and Reports

Here you will find Petoro’s annual and semi-annual reports, key figures, and press releases — all in one place.

Annual Report

Read more in the most recent Annual Report

SDFI Facts

Petoro manages the State’s Direct Financial Interest and holds ownership interests in approximately 30 percent of Norway’s oil and gas reserves, with shares in more than 40 producing fields on the Norwegian continental shelf. 

About Petoro

Our primary responsibility is to create the greatest possible value for the state from the SDFI holdings

Organisation

Petoro has a small and flat organisation with employees who have long and broad-based experience from the petroleum industry.

Main tasks

To manage the commercial aspects related to SDFI, on behalf of the State and for the State’s account and risk