The Nkr610bn (€79bn) Petroleumfund in Norway is tendering several active sector mandates totalling more than Nkr10bn.

Each mandate is likely to exceed $200m (€231m) and will be based on sectors in the FTSE World Index. The fund is particularly interested in resources, basic industries, general industries and utilities. There will be several mandates in each sector which can also comprise different components such as oil and gas, electricity or gas distribution.