Annual Report

Overview

The report highlights Noreco’s 2021 operational performance, including 26.9 mboepd net production and 200 mmboe of 2P reserves. The group reported USD 565 million of total revenue. It presents Tyra Redevelopment as a major project expected to increase net production by 90% and reduce field emissions by 30%. It also describes Project Bifrost CCS, with expected start-up storage capacity of 3 million tons of CO2 per year, and Noreco’s commitment to reduce DUC emissions by 400-500 kton towards 2030.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2021
Period: Ends 31 December 2021
Language: English
Pages
File size
Restatement: Disclosed

Standards

Other

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Assessment
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Assurance

Statement included

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