Summary
Norwegian Energy Company ASA (Noreco) is an upstream oil and gas company which carries out exploration, production and recovery of hydrocarbon resources. The company focuses on the development of oil and gas reserves; reservoir management and drilling activities; and acquisition of Shell’s upstream assets on danish continental shelf. Noreco’s oil and gas production fields include Gorm, Skjold, Rolf, Halfdan, Tyra, Valdemar, Lulita, Roar, Harald in Ekofisk and Tor Chalks reservoirs. It has operations in Norway, Denmark and the UK. Noreco is headquartered in Oslo, Norway.

Norwegian Energy Company ASA Key Recent Developments

Mar 15,2021: Norwegian Energy Company announces appointment of new chief operating officer
Feb 18,2021: Noreco announces fourth quarter 2020 results
Nov 11,2020: Noreco announces third quarter 2020 results
Nov 09,2020: First production from Tyra redevelopment in North Sea delayed until 2023
Sep 28,2020: Successful delivery and installation of new Tyra jackets

This comprehensive SWOT profile of Norwegian Energy Company ASA provides you an in-depth strategic analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

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The profile contains critical company information including*,

- Business description – A detailed description of the company’s operations and business divisions.
- Corporate strategy – Analyst’s summarization of the company’s business strategy.
- SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
- Company history – Progression of key events associated with the company.
- Major products and services – A list of major products, services and brands of the company.
- Key competitors – A list of key competitors to the company.
- Key employees – A list of the key executives of the company.
- Executive biographies – A brief summary of the executives’ employment history.
- Key operational heads – A list of personnel heading key departments/functions.
- Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
- Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
- Interim ratios for the last five interim periods – The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Note*: Some sections may be missing if data is unavailable for the company.

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