MIDROC is engaged in offshore exploration and production of oil and gas in fields worldwide.
Being a leading, innovative minor oil exploration investor, MIDROC operations are characterized by a balanced project portfolio with the aim to ensure future production. The main focus is set on non-operated assets in proven oil environments by being an operator for value enhancement and investing in low risk exploration discoveries or early stage developments
Through operating and participating in projects around the world we have gained considerable experience in many aspects of the exploration technology. We have participated and managed a variety of developments spanning from onshore production in remote permafrost areas to offshore deepwater development by a combination of FPSO and sub-sea technology. Currently, we have production activities in the North Sea, West Africa and the Baltic.
The main tool for this is the subsidiary Svenska Petroleum Exploration (SPE).