 | |
| Company type | Public |
|---|---|
| Industry | Oil and gas industry |
| Founded | 1972 |
| Defunct | 1999 |
| Fate | Merged with Norsk Hydro |
| Successor | Statoil |
| Headquarters | , |
| Products | Petroleum |
Number of employees | 1,300 (1999) |
Saga Petroleum ASA was a Norwegian upstream petroleum company established in 1972 that was acquired by Norsk Hydro in 1999. In October 2007 it was made part of Statoil. The company was the only fully private oil company in Norway. It had partial ownership of 60 oil field licenses and was operator of 18.[1] Saga had an international profile, including major operations on the British continental shelf as well as minor operations in Angola, Indonesia, Libya and Namibia.[2]