About us
About us Our story Organisation & values Management Board of directors Our shareholders Control & improvement Code of ethics & whistleblowing
Our business
Our business License map Production
Production Operated fields Partner-operated fields
Development / Projects
Development / Projects Operated Partner-operated
Exploration
Exploration Operated Partner-operated
Commercial and business development Supply terms
Supply terms Travelling offshore
Safety & Sustainability
Safety & Sustainability Environment
Environment Climate Energy efficiency Biodiversity
Social
Social People, training, and diversity Local value creation
Economic
Economic Research & development Sustainable supply chain Business integrity
News & Media
News & Media Media library News archive Publications
Careers
Careers Career opportunities Apprenticeships
Contact
Text size change icon

To change text size:

PC: Hold down the Ctrl key and press "+" to increase or "-" to decrease.

Mac: Hold down the Cmd (Command) key and press "+" to increase or "-" to decrease.

NO

Commercial and business development

Business development

A business plan for the company is jointly developed and sanctioned by the shareholders; Italy based energy company Eni (69.85 percent) and Norway based leading private equity investor HitecVision (30.15 percent).

Growth strategy

Vår Energi invests NOK 65 billion over the next four years in development projects on the Norwegian continental shelf (NCS). This will strengthen the company’s position as one of the largest E&P companies offshore Norway.

New opportunities

In cooperation with Vår Energi’s shareholders, our business development department will continue to identify new opportunities to deliver growth according to the business plan.


Crude oil sale

Vår Energi’s crude oil is offloaded on board tankers at the following offshore locations:  Goliat, Balder,  Åsgard, Norne, Heidrun and Snorre. The Ringhorne crude oil is transported to the Balder FPSO.

Crude oil from the Ekofisk field is transported through Norpipe Oil AS to an onshore terminal in Teesside, and thereafter to final markets with tankers. Crude oil from the Brage field is lifted from the Sture terminal.

Crude oil is being traded in cooperation with Eni Trading & Shipping (ETS) in London.

Crude oil assays

Gas sale

Natural Gas Liquids (NGL) is a common name for ethane, propane, butane, isobutan and nafta.

The gas is extracted from rich gas at the onshore gas refinery Kårstø in Norway or separated from the oil flow at the onshore terminal Teeside in United Kingdom. The products are further transported to the markets by tankers.

Vår Energi is responsible for gas sales from our own portfolio. Gas transport requires daily follow-up.

Our headquarters in the Stavanger region are actively involved in the purchase and sale of gas transport capacity, both in short and long term perspective.

Gassco is the operator of the gas transport infrastructure on the Norwegian continental shelf (NCS).