Noreco is a publicly owned company listed on Oslo Børs, specializing in the production and development of resources for the energy transition towards Net Zero. The company has a production history spanning over 50 years and has established itself as a strategically important European oil and gas company. Noreco contributes to energy security for millions of people through its operations.
The company primarily operates in the Danish North Sea, where they have significant infrastructure. Noreco has an expected production increase to over 55,000 barrels of oil equivalent per day (boe/d) with the development of the Tyra field. In addition, they have a solid reserve base with 2P reserves of 220 million barrels of oil equivalent (mmboe), which underlines the company's position in the energy market.