Safety is a prerequisite for everything we do and embedded in our strategies and values. Vår Energi has an ambition to be the safest operator.
The Health and Safety policy outlines the principles and commitments to manage these risks and deliver a healthy and safe working environment.
Our strategy is to continue to provide access to affordable energy by producing oil and gas safely, responsibly and with low GHG emissions per produced unit.
Arctic policy should balance climate ambitions, energy security and regional realities
The Arctic is of growing strategic importance to Europe. Vår Energi believes Arctic policy should balance environmental and climate ambitions with energy security, economic resilience and geopolitical stability.
We believe Arctic policy should recognise that the region encompasses diverse environmental conditions, governance frameworks and emissions profiles. These differences call for a differentiated, science-based and geographically nuanced approach to policy making.
Petroleum activities on the Norwegian Continental Shelf are conducted within a comprehensive regulatory framework. The integrated ocean management plans form the overarching political tool with a clear purpose; To facilitate value creation through sustainable use, while at the same time safeguarding the environmental values of the marine environment. The framework builds on decades of scientific research, democratic governance and stringent requirements for health, safety, environmental protection and biodiversity.
In any realistic energy transition scenario, Europe will continue to require oil and gas for years to come. In this context, Norwegian production provides a reliable and proximate source of energy with some of the lowest production emissions globally. Restricting low-emission, well-regulated supply may shift production to regions with higher emissions intensities and weaker governance standards, while doing little to change underlying demand.
Vår Energi advocates an Arctic policy grounded in scientific evidence, robust governance and regional realities, balancing environmental and climate ambitions, energy security and long-term European resilience.
Read our full submission to the European Commission’s 2026 review of the Arctic Policy here.
Given the importance of access to energy to support a sustainable development and the greenhouse gas emissions associated with the oil and gas industry, climate change mitigation is particularly relevant for Vår Energi as a pure play oil and gas producer.
Balancing the need to ensure access to affordable energy for all while transitioning toward a low-carbon economy is a major challenge both for Vår Energi and for the society in general.
To support our ambition of being an ESG leader, we have established a sustainability framework with strategic focus areas that cover the main main impacts.
We believe that those who can produce hydrocarbons with as little emissions and with as low cost as possible, will have a competitive advantage. That is why we will continue to decarbonise, and we aim to become carbon neutral in our net operational emissions by end of this decade.
