Contact us

Mailing address

Espehaugen 32 B
5258 Blomsterdalen

Visiting address

Espehaugen 32 B
5258 Blomsterdalen

Constantly challenging established truths and exploration methods to generate value for our shareholders

Petrolia Noco believes in creating value through innovative exploration, challenging underexplored play models and nearfield exploration in core areas on the Norwegian continental shelf. With focus on early monetization, we challenge traditional exploration methods with new AI and machine learning technologies.

We take advantage of being a young and innovative exploration team, free from established truths. As such, we aim to change the traditional license partnership model from an organization consisting of different partners to one collaborative team — sharing openly and transparently instead of selectively. All with the shared objective of finding more oil and gas.

The company’s shares are registered in the Norwegian Central Securities Depository (“Verdipapirsentralen”, VPS) with ISIN: NO0010844301. The shares are registered with ticker “PNO” on the NOTC (, a market place for unlisted shares.

Company Presentation

The general meeting is Petrolia NOCO’s highest governing body, in which shareholders exercise their influence on the company.

General meetings

Board of directors

Dr. Robert Arnott

Executive Chairman

Experienced geologist and board director with specialist competence within mature oil and gas provinces – an area he is recognised for his research into. Has held board-level positions at numerous E&P companies including Hurricane Energy plc, Rocksource ASA, Core Energy AS, Spring Energy AS and DNO ASA. Started his career with Royal Dutch Shell before becoming an oil and gas equity analyst at Goldman Sachs and Morgan Stanley.

Sjur Storås

Board Director

Executive who has held numerous board-level positions at various oil and gas organisations and been managing director of several companies within oil and gas such as CCB, the largest oil service base in Norway, and HOG, the main oil and gas interest organization in oil and gas in Hordaland county, Norway. Is today a partner at engineering and consulting company Head Energy Consulting AS and director of the board of Petrolia SE.

Brede Bjøvad Larsen

Board Director

Professional investor with broad industry and international experience. Has been a board director at Petrolia NOCO AS since 2016. Also holds board-level positions at oil services company Independent Oil Tools AS, plus several private board roles. He holds a masters degree in global management from RBS London, UK.

Top 20 shareholders