Vår Energi is the largest, independent exploration and production (E&P) company on the Norwegian continental shelf (NCS) with an average production of more than 170,000 barrels of oil equivalent per day (boepd) in 2018, targeting 250,000 boepd in the early 2020’s.
We operate 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 our high-quality portfolio of licenses. Our 800 employees work at our offshore fields and onshore office locations; headquarters at Forus in the Stavanger region, and branch offices in Hammerfest and Oslo.
A business plan for the company is jointly developed and sanctioned by the shareholders; the integrated energy company Eni (69.6 percent) and Norway based leading private equity investor HitecVision (30.4 percent).
Vår Energi represents a new generation of operators on the NCS. The company has the capacity and competency to deliver ambitious growth plans, while also providing a safe and sustainable working environment, aiming to take industry leadership in continuously improving our carbon footprint and introducing low carbon technologies.