Vår Energi is the largest, independent exploration and production (E&P) company on the Norwegian continental shelf (NCS) with a 2018 average net production of over 170,000 barrels of oil equivalent per day (boepd) from 17 oil and gas fields. Our target is to achieve net 250,000 boepd in the early 2020’s.
The company operates five fields on the NCS, located in the Barents Sea, the Norwegian Sea and the North Sea. In addition to operated fields located across the entire shelf, Vår Energi has ownership interests in 14 partner-operated fields.
We have a best practice operating organisation with over 50 years’ experience on the NCS, built on ExxonMobil’s and Eni’s Norway legacies from the 1960’s. With our strong NCS history and highly qualified organisation, we are well prepared to maintain safe operations and to deliver high growth expectations.
A full overview of Vår Energi’s complete portfolio is available in our interactive License map.