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PetroNor E&P ASA operates as an independent oil and gas exploration and production company. PetroNor E&P ASA is engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties located mainly in Norway. It operates through five segments: Drilling, Production and Operations, Corporate, Upstream Development, and Renewables. The Drilling segment entails drilling activities. The Production and Operations segment offers services to support the operations of license areas. The Corporate segment covers corporate activities relating to the Group's corporate functions. The Upstream Development segment covers exploration activities supporting future development of existing discoveries, as well as investment for new discoveries.