Two New Companies Pre-Qualify on the Norwegian Continental Shelf

Petro-Canada has been pre-qualified as an operator and Norwegian Energy Company (NORECO) has been pre-qualified as a licensee on the Norwegian continental shelf.

To get new competent players to enter the shelf, the Norwegian authorities have established a system for pre-qualification of both licensees and operators.

The reason for establishing this system is to provide companies with the option of an evaluation of their suitability for participation on the Norwegian continental shelf before the companies devote resources to evaluating specific business opportunities.

Petro-Canada is one of Canada's largest oil and gas companies. The company has nearly 500 employees and is headquartered in Calgary.

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