GDF SUEZ E&P Norge

Strategy

Population growth, urbanization, economic and industrial development… In a context of growing energy needs and dwindling natural resources involving increasing production costs, GDF SUEZ has a policy of growth underlying its sustainable strategy.

In a world in which energy and the environment are at the heart of vital challenges that go far beyond economic and industrial challenges alone, sustainable development is at the core of the GDF SUEZ strategy, which is focused on responsible growth with the following major objectives: 

  • Meeting energy needs
  • Ensuring a secure energy supply
  • Combating climate changes
  • Improving the use of resources

To meet these challenges, GDF SUEZ has an ambitious investment plan of 30 billion euros net for the period 2008 – 2011.

Energy diversity: A major asset

GDF SUEZ has an efficient energy mix combined with a portfolio of gas supplies that rank among the most diversified in the world, which enables it to make the most of the convergence between natural gas and electricity and to spread out the risks related to energy supplies.

The Group’s expertise is based on two key forms of energy: nuclear energy – which is available and efficient with low CO2 emissions – and natural gas, the least polluting fossil fuel. At the same time, it concentrates its efforts on the development of new production capacities using the most effective solutions emitting the least amount of CO2, through renewable energy (hydro-electricity, wind power, biomass, solar and biogas) and which preserve natural resources by contributing to supply security and energy independence and certain price stability.

All these assets can be brought to meet the major challenges of the 21st century and help GDF SUEZ to increase the Group’s electricity capacities by 60 percent to raise them to 100,000 MW between 2008 and 2013.