Noreco books record sales – and deficit
![Since David Cook signed as CEO of Noreco in November 2021, Euan Shirlaw has been in charge of many of the day-to-day operations. | Photo: Noreco PR](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article13741275.ece/ALTERNATES/schema-16_9/doc7jqvu44cc9yfjdbx8rz.jpg)
During the last three months of 2021, Norwegian oil company Noreco saw its highest quarterly revenue at USD 175m and its highest earnings before interest, taxes, depreciation and amortization at USD 97m since acquiring Shell’s Danish assets in 2019.
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