About us
About us History Strategy People Leadership
Our business
Our business License map Production Development and Projects
Development and Projects Balder Future
Exploration Research & development Commercial and business development Suppliers
Sustainability
Sustainability Safety Environment
Environment Climate Energy efficiency Biodiversity
Social
Social Local value creation Corporate Social Responsibility People, training, and diversity
Governance
Governance Sustainable supply chain Business integrity Control & improvement Code of ethics & whistleblowing
Investor News & Media
News & Media Media library News archive Press Releases Publications Policies
Careers 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
Vår Energi / Our business / Commercial and business development

Commercial and business development

Business development

Vår Energi’s business plan is developed in cooperation with our owners, the Italy based energy company Eni (69.85 %) and Norway based energy-focused private equity investor HitecVision (30.15 %).

Growth strategy

Vår Energi invests in several development projects on the Norwegian continental shelf (NCS) with the goal of maximizing value creation and strengthening our position as one of the largest oil and gas companies offshore Norway.

New opportunities

Our business development department continuously seeks to identify new growth opportunities according to the business plan and in close cooperation with Vår Energi’s shareholders.

Crude oil sale

Vår Energi’s crude oil products:

  • Balder
  • Ekofisk
  • Åsgard
  • Oseberg
  • Heidrun
  • Statfjord
  • Gullfaks
  • Grane
  • Norne
  • Troll
  • Gudrun
  • Ormen Lange
  • Alvheim

Marketing of crude oil is done in cooperation with Eni Trading & Biofuels (ETB) in London.

Crude oil assays

Gas sale

NGL sales

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

The NGL is extracted from natural gas, rich gas or separated from crude oil at the onshore processing plants and stored at Kårstø and Vestprosess (Mongstad) in Norway, and at Braefoot Bay and Teeside in the UK. The products are further transported to the markets by tankers or pipelines.

Natural gas sales

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

Our headquarters near Stavanger is actively involved in following up gas sales and the purchase and sale of gas transport capacity, both in a short- and long-term perspective.

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