Publication of Annual Report for 2020 and Annual Statement of Reserves

Oslo, 20 April 2021: Norwegian Energy Company ASA (Noreco) has today published the Annual Report for 2020 and the Annual Statement of Reseves 2021. Both reports are available on Noreco's website www.noreco.com.

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Contacts:

Cathrine Torgersen, EVP Investor Relations & Communications
+47 915 28 501
ct@noreco.com

Euan Shirlaw, Chief Financial Officer
+44 7979 690622
es@noreco.com

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.