Development and projects
Vår Energi participates in a number of development projects on the Norwegian Continental Shelf. Our portfolio reflect our strategy of capturing near-field value potential to utilize existing infrastructure.
Vår Energi’s net daily production is expected to reach 350,000 barrels of oil equivalent by 2023. We are currently developing more than 500 million barrels of oil equivalent (mboe) in over ten existing projects in our development portfolio.
We are investing heavily in the life extension of the Balder field in the North Sea. One of the ongoing projects is the Balder Future project, representing a NOK 19,6 billion investment.