Noreco announces first quarter 2019 results

Oslo, 22 May 2019: Norwegian Energy Company ASA (“Noreco”) today announces results for the first quarter of 2019.

The reports may be downloaded from the company's web site www.noreco.com or www.newsweb.no.

Contact:

Frederik Rustad, Managing Director

Tel.: +47 22 33 60 00 or email: ir@noreco.com

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About Norwegian Energy Company ASA

Noreco is a publicly owned company with focus on the oil, gas and offshore industry. The company's shares are listed on the Oslo Stock Exchange (ticker NOR). For further information, please visit: www.noreco.com.