Petoro is a company that manages the Norwegian state's shares in oil and gas fields, pipelines and onshore facilities. The company's main mission is to maximize the value and income from the State's direct financial involvement (SDFI). This involves taking an active role in ensuring that the state's investments in energy resources provide the best possible return.
In the first half of 2025, Petoro contributed NOK 139 billion in net cash flow from the SDFI, which will be transferred in full to the Government Pension Fund Global, also known as the Oil Fund. The company also has a focus on sustainability and energy security, which is central to their strategic approach to managing the state's resources.