Vår Energi is jointly owned by the integrated energy company Eni (69.6 percent) and Norway based leading private equity investor HitecVision (30.4 percent).
Global super player
Eni is one of the global oil and gas super-players employing over 30.000 people in nearly 70 countries in the world. Eni engages in oil and natural gas exploration, field development and production, as well as in the supply, trading and shipping of natural gas, LNG, electricity and fuels.
Through refineries and chemical plants, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants and chemical products that are supplied to wholesalers or through retail networks or distributors.
Eni’s strategies, resource allocation processes and conduct of day-to-day operations underpin the delivery of sustainable value to all of our stakeholders, respecting the countries where the company operates and the people who work for and with Eni.
Leading private equity investor
HitecVision is Europe’s leading private equity investor focused on upstream offshore oil and gas, providing capital and competence to growth companies across the entire industry. HitecVision manages five active private equity funds with a total committed capital base of more than USD 5.5 billion, and is headquartered in Stavanger with other offices in Oslo and London.