Norway is not a European Union member but it is part of the European Economic Area and its labor market and recruitment policies are harmonized with the EU. This means that if you are not Norwegian, an EU or EEA citizen, or Swiss, you will have a very hard time getting work in Norway.
If you're an EU citizen, it's fairly easy to get unskilled work and fairly difficult to get skilled work (you'd need to speak our language for one).
If you're not an EU citizen, there is very little chance that you could immigrate legally to Norway, so that would be nearly impossible. The legal ways to immigrate would be as a refugee, as a close family member of a Norwegian citizen who is willing and able to support you financially, or as an exceptional expert in a field where we are lacking manpower. You as a foreigner will have to get a job to get into Norway at all.
The labor market in Norway is rather sluggish these days, meaning that anyone may find it hard to find work in Norway these days. I'm not sure what you mean by preferential treatment, but being an engineer as opposed to a lawyer or a medical doctor is no doubt advantageous, as engineering skills are less tied to specific countries.
Once you have secured a job, adapting to Norwegian working culture is probably easier for a foreigner coming to Norway, then for a Norwegian moving abroad. In most engineering jobs you can probably survive well with English. Part of the challenge for other professions, such as those mentioned above, is that knowledge of Norwegian is much more important.
Major engineering firms have quite international departments where the working language is English. Engineers with experience or masters would not have much difficulty finding work. Foreigners without specific qualifications who, say, want to find administrative jobs will have difficulty finding work outside the service sector.
There is a healthy supply of Swedes who basically speak Norwegian and outcompete, for example, North Americans for unskilled / semiskilled positions. Also, there is a 2 year maximum for a "working" visa, after which you must leave and it cannot be renewed. Again, exceptions for skilled professions like engineering, however you must find work within 6 months or leave.
To know more about the salary in Norway, go through the below link.
In brief, If you have good skill set ( engineer/IT known to me) , then there is good chance you can find a Job and process your visa for Norway. Keep trying and applying for the open positions there , you never know which opportunity will knock your door !!
Source - Google Search
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