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About us

About us

About us

Vår Energi represents the next generation oil and gas operators on the Norwegian Continental Shelf (NCS).

We operate fields in the Barents Sea, the Norwegian Sea and the North Sea, and will continue to explore, develop and produce resources and reserves from our portfolio.

Steady growth

Vår Energi is one of the largest exploration and production (E&P) companies on the NCS. The average production per day is over 300,000 barrels of oil equivalent (boepd), targeting 350,000 boepd by early 2020’s.

Our offices

1,000 employees work at our offshore fields and onshore office locations. Our headquarter is at Forus outside Stavanger, with branch offices in Hammerfest and Oslo.


The Vår Energi business plan is developed by our shareholders; the energy company Eni (69.6 percent) and private equity investor HitecVision (30.4 percent).


Vår Energi delivers ambitious growth plans, while providing a safe and sustainable working environment. We take industry leadership in continuously improving our carbon footprint, and introducing low carbon technologies.

Our story

Vår Energi represents the next generation oil and gas operators on the NCS.

Our name reflects the Norwegian word spring – symbolising a new beginning and growth.

We work together as one team to produce our resources.

Our people

Our 1,000 employees are Vår Energi’s greatest asset. Employees work at the headquarters at Forus outside Stavanger, branch offices in Hammerfest and Oslo, and at our offshore fields.

Vår Energi seeks to maintain, attract and further develop a diverse workforce of professional individuals.

Management group

The management group in Vår Energi consists of twelve corporate executives. Kristin F. Kragseth is our chief executive officer, and reports to the company’s board of directors.


Board of directors

Vår Energi’s board of directors is represented by shareholders from Italy based Eni S.p.A. (69.6 percent), Norway based private equity investor HitecVision (30.4 percent), and employee representatives.


Code of ethics & whistleblowing

Compliance with laws and regulations, internal rules, and ethical integrity and fairness, is a constant commitment and duty.

Our whistleblowing service, is set up in case of any breaches or suspected breaches.

Control & improvement

Vår Energi use Management System Guidelines (MSG) to care for our personnel and to execute our activities in line with laws and regulations. The internal audit function is represented in our corporate management group.

Our shareholders

Vår Energi is jointly owned by Italy based energy company Eni (69.6 percent) and Norway based leading private equity investor HitecVision (30.4 percent).

Eni is one of the global oil and gas super-players. HitecVision is a leading private equity investor in the North Sea region’s energy industry.