It has been present in norway for over forty years

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Unformatted text preview: lf – Total, ConocoPhillips and ExxonMobil – will be presented here, while the largest company StatoilHydro will be analysed in sub-chapter 2.4. Total E&P Norge AS is an oil and gas company, which is part of the worldwide French industrial group Total. It has been present in Norway for over forty years now. Measured in production, reserves and financial 9 Olje- og Energidepartementet (Norwegian Ministry of Petroleum and Energy). Available on: <www.regjeringen.no/en/dep/oed/Press-Center/Pressreleases/2008/Awards-in-APA-2007.html?id=499531>, February 8, 2008. 11 © Ifri F. Harbo / The European Gas and Oil Market results, Total E&P Norge AS is a major player on the Norwegian continental shelf. In 2006, net production reached 372,000 barrels of oil equivalents per day. The company has an ownership interest in most areas on the shelf as well as in GASSLED. Total E&P Norge AS and Gaz de France are members of the Snøhvit project, with an ownership of 18,4% and 12%.10 ConocoPhillips Norge is the largest foreig...
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