Norwegian Oil Licenses Value at $150b

The Norwegian government's direct ownership stakes in offshore oil and gas licences and infrastructure are valued at a total of 1.41 trillion Norwegian crowns ($150 billion), according to a survey published by the industry ministry on Wednesday.

• The state holds stakes in dozens of fields operated by oil companies such as Equinor and ConocoPhillips, giving the government revenue beyond the taxes paid by the oil companies.

• In 2025, the government's net cash flow from the so-called SDFI portfolio stood at 243 billion crowns, the government said.

• The valuation of the SDFI stakes was conducted by state oil holding company Petoro and presented by the industry ministry.

($1 = 9.4005 Norwegian crowns)

(Reuters)