main duties foundation strategy and role corporate governance organisationboard of directors management team sdfi factsfields list of licenses infrastructure published careerwork in petoro vacant posts register amend cv working environment pay and benefits press media news contacta driving force offshore norwaythe norwegian state has substantial holdings in production licences on the norwegian continental shelf ncs through the state s direct financial interest sdfi . these assets are managed by petoro as . the company s most important job is to help ensure the highest possible value creation from the sdfi to the benefit of the whole of norway sgard licensees awarded the npd s ior prize 31.08.2016 the norwegian petroleum directorate npd awarded its improved oil recovery ior prize to sgard licensees at ons 2016 . the citation emphasized that through sgard subsea compression the licensees have demonstrated how creativity persistence and willingness to take risks both in terms of the use of methods and technology can increase the recovery of oil and gas beyond previous expectationsread more 04.08.2016 press release 2nd quarter of 2016oil industry s future depends on sustainable change in efficiencychange is continuing on the norwegian continental shelf ncs . part of this transformation includes a drive to enhance efficiency . where drilling is concerned that has yielded visible results but the positive trend from 2015 is now levelling out . further improvements are necessary and petoro would again emphasise that the industry requires lasting structural transformation.read the press releaseread the directors report 04.08.2016 brian bjordal elected new board memberat the general meeting 15 . june 2016 brian bjordal was elected as new member and deputy chair for the board of petoro as.read more 16.03.2016 press release petoro annual results 2015restructuring gives results industry on the right trackdespite a challenging year cash flow from the state s direct financial interest sdfi in the norwegian oil and gas sector came to a substantial nok 94 billion for 2015 . restructuring has so far yielded promising results in the necessary transformation of the industry.read the press releaseread the directors reportread the annual report les mertweetabout petoroobjective vision and values main duties foundation strategy and role corporate governance sdfi factsorganisationboard of directors management team president and ceo strategy and projects licenses marketing and sales technology finance legal affairs organisation and business supportpublishedannual reports interim reports press releases presentations animation on petoro perspectivecareerwork in petoro vacant posts register amend cv working environment pay and benefitspress mediapress contact press photographs logo petoro visual identity manual copyright 2016 petoro about petoroorganisationpublishedcareerpress media copyright 2015 petoro