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News archive

(Photo: Rosenberg) Kristin Kragseth (Vår Energi) and Jan Narvestad (Rosenberg)

15 August 2019

Major contract award to Rosenberg Worley AS

Vår Energi AS has awarded an EPCI (Engineering, Procurement, Construction and Installation) contract to Rosenberg Worley AS in Stavanger, Norway. The contract encompasses the lifetime extension of the Jotun floating production storage and offloading vessel (FPSO), enabling oil and gas production from the Balder field until 2045. Read More

1 August 2019

Vår Energi has completed field divestment

Vår Energi AS has finalised the divestment of 10 percent ownership interests in six Vår Energi-operated licenses across the Balder and Ringhorne fields in the North Sea to Mime Petroleum AS. Read More

5 June 2019

Doom-metal band wins this year's Arctic Talent

The Tromsø based band Heave Blood and Die has been named this year's Arctic Talent. The prize is North Norway's largest music award and is granted annually by Vår Energi in collaboration with the Varanger Festival. Read More

1 May 2019

2,000 applications for 24 vacancies in Vår Energi

Vår Energi AS has received almost 2,000 applications for 24 vacancies in April, and over 600 applications for 25 summer jobs. “This exceeds our expectations by far, and we are happy to see that Vår Energi and the oil and gas industry are considered attractive by applicants”, says Charlotte Saunders, VP Corporate Services. Read More

4 April 2019

Strong results for Vår Energi in 2018

Vår Energi AS’ annual report is ready and illustrates a strong turnover of above 29 billion NOK in 2018, with an average production of above 169 000 barrels of oil equivalent per day (boepd). Read More
Ringhorne

1 April 2019

New partner in the Balder and Ringhorne fields

Vår Energi AS has entered into an agreement with Mime Petroleum AS to divest 10 percent ownership interests in a total of six licenses across the Balder and Ringhorne fields on the Norwegian continental shelf (NCS). Read More
Goliat FPSO and the supply vessel Stril Barents at the field. February 2016.

7 March 2019

Safer Barents Sea environment after Goliat network upgrade

Vår Energi AS has entered into an agreement with Telenor Maritime to equip the Goliat field in the Barents Sea with 2G and 4G networks, improving safety and emergency response capability in the region. Read More
Illustration: NCCS

15 February 2019

Vår Energi invests in carbon capture and storage research

Vår Energi has entered into a partnership with the Norwegian Carbon Capture & Storage Research Centre (NCCS) to enable fast track CCS technology development and deployment. The agreement has a total value of 30 million NOK over a six-year period and is part of an industry-driven and science-based innovation effort. Read More

11 February 2019

Vår Energi selects office for the future at Forus

Vår Energi AS is investing in a new future headquarter at Forus, Sandnes. “We will create an office for the next generation employees”, says Kristin F. Kragseth, CEO in Vår Energi. Read More
Foto: Rystad Energy

7 February 2019

Business developer of the year awarded to Vår Energi

Rystad Energy has through its annual event awarded Vår Energi AS the Golden Crown as business developer of the year 2019. Read More

25 January 2019

Battery hybrid Stril Barents in the Barents Sea: Supply vessel with shore power cuts CO2 emissions for Goliat

In November 2018, Vår Energi (formerly Eni Norge) and Simon Møkster Shipping signed an agreement to upgrade the supply vessel Stril Barents in order to reduce CO2 emissions. The upgrade involves the installation of shore power connection, combined with a new battery solution for energy storage on board. Read More

15 January 2019

APA 2018: 4 operatorships and 9 partnerships awarded to Vår Energi

Vår Energi AS announces that the company has been awarded a total of 13 licenses in the Awards in Predefined Areas 2018 (APA) by the Ministry of Petroleum and Energy (MPE) today. Read More
Goliat

3 January 2019

Successful appraisal well in the Goliat licence in the Barents Sea

The resource estimates on Goliat continues to increase. Vår Energi AS has together with license partner Equinor completed an appraisal in PL 229 in the Barents Sea through the successful drilling of the 7122/7-7 S Goliat West appraisal well. Read More
Jotun A

20 December 2018

Vår Energi awards Jotun FEED contract to Aker Solutions

Vår Energi is progressing the redevelopment of the Balder and Ringhorne area, and a FEED contract for the Jotun FPSO life extension has now been signed. In total, about 20 billion NOK will be invested in the redevelopment of the area, which includes the first NCS license area, PL 001 from 1965. Read More

10 December 2018

Vår Energi Established As Norway’s New, Leading E&P Company

Vår Energi is officially established today, 10. December 2018, as Norway’s largest independent E&P company with a net daily production of more than 170,000 barrels of oil equivalent (boe) in 2018. Vår Energi is dedicated to exploring, developing and producing solely on the Norwegian continental shelf (NCS), with planned investments of 65 billion NOK over the next years. A key project is extending the life of Norway’s oldest license area – the Balder field – towards 2045, giving the first license on the NCS, PL 001, a life span of 80 years. Read More