Our operations generate substantial benefits for local communities and society at large, not only through direct economic impacts but also by creating value throughout the supply chain.
We evaluate direct and indirect social and economic impacts through annual ripple effect analyses via independent research. For 2024, activity with basis in the operatorship of the four fields, Balder, Marulk (which was divested in August 2024), Ringhorne and Goliat, accounted for more than 14.281 man-years and a total spend of NOK 27,2 billion.
In addition, 93,8% of the goods and services procured were delivered by suppliers based in Norway, in line with our stated goal of local value creation.
