About Petoro

Petoro is a state-owned limited company which manages the SDFI in the Norwegian oil and gas sector. These holdings comprise a third of Norway’s oil and gas reserves and associated facilities. Petoro’s formal role as the licensee acting on behalf of the state is described in this two-minute film. Animation on Petoro


As the manager of the SDFI, Petoro is the licensee for about a third of the oil and gas reserves on the NCS, as well as for the largest holding in the transport system for these waters.
Oil pipelineAt 31 Dec 2016
Participating interest (%)
At 31 Dec 2015
Participating interest (%)
License period
Oseberg Transport System (OTS)48.3837948.383792031
Troll Oil Pipeline I + II55.7680855.768082023
Grane Oil Pipeline42.0631042.063102030
Kvitebjørn Oil Pipeline30.0000030.000002020
Norpipe Oil AS (interest)5.000005.000002028

Oil - Onshore facilities
Mongstad Terminal DA35.000035.0000-

Gas infrastructure
Mongstad Gas Pipeline (EMV)56.0000056.000002030
Polarled (NSGI)11.9460011.946002041
Dunkerque Terminal DA29.7651929.765192028
Zeepipe Terminal J.V.22.4383722.438372028
Vestprosess DA41.0000041.00000-
Norsea Gas AS (interest)40.0060040.006002028
Ormen Lange Eiendom DA36.4850036.485002035
Mongstad Gas Pipeline (EMV)56.0000056.000002030

The SDFI also has intangible fixed assets relating to gas storage in the UK 
and Germany. and financial fixed assets related to an associate in the US (SNG).    

***    The interest in Gassled including Norsea Gas is 46.69754 per cent.
Petoro share Gassled45.79300 %
Norsea Gas share of Gassled:2.26100 %
Petoro share Norsea Gas40.00600 %
Petoro share Gassled ex. Norsea Gas45.79300 %
Petoro share Gassled incl. Norsea Gas46.69754 %