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BlueNord ASA is an upstream oil and gas company based in Norway, focusing on the exploration and production of hydrocarbons. The company primarily operates in the North Sea, where it manages a portfolio of assets that includes both operated and non-operated fields. Founded in 2005, BlueNord has concentrated its efforts on optimizing recovery rates and enhancing operational efficiency across its projects. The strategic geographic location offers access to significant reserves, aligning with the company’s expertise in North Sea operations. BlueNord's competitive edge lies in its technological capabilities and experience in managing complex offshore environments.

Chevron is an integrated energy company with exploration, production, and refining operations worldwide. It is the second-largest oil company in the United States with 2025 worldwide net oil-equivalent production of 3.7 million barrels per day, including 8.5 billion cubic feet per day of natural gas and 2.3 million barrels of liquids per day. Production takes place in North America, South America, Europe, Africa, Asia, and Australia. The company's refining networks arelocated in the United States and Asia, with a total worldwide refining capacity of 1.8 million barrels of oil a day at year-end 2025. Net proved reserves at year-end 2025 stood at 10.6 billion barrels of oil equivalent, consisting of 5.7 billion barrels of liquids and 29.2 trillion cubic feet of natural gas.