North Energy

About Vision, Strategy and Values

Vision, strategy and values

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North Energy's goal is to create profits for shareholders as well as to contribute to generating related onshore activities by participating in petroleum exploration, development and production activities offshore from Central and Northern Norway. North Energy aims to become a profitable and leading oil and gas company that actively contributes to increasing the industrial assets of Northern Norway.

The Company's core activities involve the development of alternative solutions for profitable and sustainable petroleum operations in Northern Norway, including facilitating onshore business and spin-offs and other value creation in the region.

Oil and gas activities in these northern areas impose stringent demands with respect to coastal oil spill preparedness and consequences, requiring close dialogues with representatives of these coastal communities. To this end, a distinctive concept has been developed for these areas in close cooperation with the regional fishing organisations.

North Energy has chosen to focus systematically on innovative solutions. Close contact with our industrial suppliers and technological environments enable the company to optimise opportunities and plans for further research and development. The company will develop the skills required to make decisions throughout the entire value chain charactering the petroleum industry, from long-term and environmental perspectives.

Values

North Energy has developed a set of values that will serve as the company's guidelines. These are;

  • Frontier - innovative, rethinking the future, new ideas, solutions and technologies, be the first one, show the way forward
  • Competent knowledge based on ”state of the art”, reference for others, what we say is what we do, a good example for others
  • Bridge-builder - bring people together, point out the directions, a preferred partner, focal point and facilitator
  • Brave northern voice - dare to say what we believe is right, speak on behalf of the Northern Norwegian society

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Stock Exchange information

FinnEN

Drilling Programme

PL 450
Storebjørn Q1 2012
PL 370
Kakelborg Q1/Q2 2012
PL 498
Skagen Q3 2012
PL 385
Jette Q3 2012

Drilling programme