Vår Energi AS
About
Vår Energi is the largest independent exploration and production company on the Norwegian continental shelf. Vår Energi operates oil and gas production across the entire shelf, with fields in the Barents Sea, the Norwegian Sea and the North Sea. The company is committed to further explore, develop and produce resources and reserves from its high-quality portfolio of licenses. The company’s 800 employees work at the offshore fields and onshore office locations; headquarters at Forus in the Stavanger region, and branch offices in Hammerfest and Oslo.
Vår Energi is owned by the integrated energy company Eni (69.6%) and the Norway based leading private equity investor HitecVision (30.4%).
Editor's note: Updated Sept. 26, 2019.
Headquarters Address
Norway
Transactions
Exxon Mobil To Sell Norway Upstream Operations To Vår Energi For $4.5 Billion
Exxon Mobil To Sell Norway Upstream Operations To Vår Energi For $4.5 Billion
Eni Ups Norwegian Offshore Bet With Point Resources Merger
Eni Ups Norwegian Offshore Bet With Point Resources Merger
Eni Ups Norwegian Offshore Bet With Point Resources Merger
Eni Ups Norwegian Offshore Bet With Point Resources Merger
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News
E&P Highlights: March 3, 2025
Here’s a roundup of the latest E&P headlines, from planned Kolibri wells in Oklahoma to a discovery in the Barents Sea.
Vår Energi Makes Third Oil Discovery in Barents Sea
Vår Energi has discovered a third offshore oil reserve in the Goliat area of the Norwegian Continental Shelf as part of an exploratory collaboration with Equinor.
SLB: OneSubsea to Provide Equipment for Vår Energi Offshore Norway
The OneSubsea joint venture among SLB, Aker Solutions and Subsea7 will support multiple oil and gas projects on the Norwegian Continental Shelf for Vår Energi.
E&P Highlights: Feb. 3, 2025
Here’s a roundup of the latest E&P headlines, from a forecast of rising global land rig activity to new contracts.
E&P Highlights: Jan. 27, 2025
Here’s a roundup of the latest E&P headlines including new drilling in the eastern Mediterranean and new contracts in Australia.
E&P Highlights: Jan. 21, 2025
Here’s a roundup of the latest E&P headlines, with Flowserve getting a contract from ADNOC and a couple of offshore oil and gas discoveries.
Norway Awards Equinor 27 Production Licenses in Latest Round
Equinor ASA, Aker BP ASA, Vår Energi ASA and DNO ASA were selected for the most offshore licenses in Norway’s annual licensing rounds.
E&P Highlights: Nov. 18, 2024
Here’s a roundup of the latest E&P headlines, including new discoveries in the North Sea and governmental appointments.
DNO Buys Stakes in Five Norwegian Sea Fields from Vår Energi
DNO’s acquisition of stakes from Vår Energi includes interests in four producing fields—Norne, Skuld, Urd and Marulk— and the Verdande development.
Wood: Techno-Economic Assessment Helps Advance CCS Projects Off Norway
Wood said its assessments have laid the groundwork for sustainable CO2 transportation solutions, enabling the Trudvang, Luna and Havstjerne CCS projects to progress.
OMV Makes Gas Discovery in Norwegian Sea
OMV and partners Vår Energi and INPEX Idemitsu discovered gas located around 65 km southwest of the Aasta Hansteen field and 310 km off the Norwegian coast.
E&P Highlights: July 15, 2024
Here’s a roundup of the latest E&P headlines, including Freeport LNG’s restart after Hurricane Beryl and ADNOC’s deployment of AI-powered tech at its offshore fields.
E&P Highlights: July 1, 2024
Here’s a roundup of the latest E&P headlines, including the Israeli government approving increased gas export at the Leviathan Field and Equinor winning a FEED contract for the all-electric Fram Sør Field.
E&P Highlights: May 28, 2024
Here’s a roundup of the latest E&P headlines, including production start up at a field using an innovative emissions reduction technology.
E&P Highlights: May 13, 2024
Here’s a roundup of the latest E&P headlines, with a couple fields coming online, as well as new contract awards.