Vision and Strategy
The objective of the company 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.
Petoro's vision
- a driving force on the Norwegian Continental shelf
Our vision is to be a driving force on the Norwegian continental shelf. Petoro shall work to enhance the competitiveness of the portfolio by ensuring cost-efficient solutions, low uncertainty in the reserve base, and sound operations.
Strategy
The company’s strategy is based on its mandate and main objectives and includes value creation opportunities where Petoro can make the greatest difference through its own efforts and in interaction with other actors.
Four strategic priorities have been selected, each with associated strategic objectives:
Mature fields
the objective is to create more investment opportunities
Area development
the objective is to identify solutions across the portfolio
Gas infrastructure
the objective is to ensure the lowest possible user tariffs
People and nature
the objective is to safeguard our surroundings
Enablers for Strategy Execution
The enablers for implementing the company’s strategy are common across the company’s four core responsibilities. Key enablers include collaboration with other actors, digitalization and efficiency improvements, competence development, and a good working environment. These apply across all of Petoro’s main responsibilities.
