Safety is a prerequisite for everything we do and embedded in our strategies and values.
Vår Energi’s exploration and production activities are associated with risk of work-related hazards.
The Health and Safety policyoutlines the principles and commitments to manage these risks and deliver a healthy and safe working environment.
Vår Energi operates under regulatory requirements where mainly the Petroleum Act and Working Environment Act concerns health and safety.
The industry is regulated through legislation and statutory regulations which specify that all key activities in every phase of oil and gas operations require permits, consents and approvals from the regulatory authorities.
Safety tools
Vår Energi has an ambition to be the safest operator. Our main safety tools are key in delivering on this ambition and we continue to implement these in our operations:
TIR
TIR is a way of working and a key driver for safety culture and continuous improvement.
Always Safe
Through this joint effort we utilise the strengths of standardisation, increasing the impact in the industry. Always Safe strengthens culture towards zero major accidents and injuries, through industry collaboration and standardisation.
Life saving rules
The rules represent industry-wide best practice in preventing fatalities and serious personal injuries.
Health & safety
Underpinning the policies supporting the Company’s impacts related to health and safety, Vår Energi’s occupational health and safety management system is certified according to the ISO 450001 standard .
The standard provides a framework to manage risks and improve occupational health and safety performance and establishes criteria for an occupational health and safety policy, objectives, planning, implementation, operation, auditing and review.
Key elements include leadership commitment, worker participation, hazard identification and risk assessment, legal and regulatory compliance, emergency planning, incident investigation and continual improvement.
Reporting
Vår Energi applies Serious Incident Frequency (SIF) and Total Recordable Injury Frequency (TRIF) as targets to monitor performance. These and other health and safety metrics are available in the ESG data site and / or in the Annual Report.
Vår Energi manages well operations and well integrity to protect people, the environment, and asset value throughout the full lifecycle of a well – from design and construction to operation, intervention, suspension and permanent abandonment.
Well integrity and well control are managed through a structured management framework, integrated into the company’s overall risk management processes. These risks are treated as material operational and safety risks and are subject to executive management oversight and Board-level visibility.
Clear roles and accountability
We define and document clear roles and responsibilities for well integrity across the organisation and throughout the well lifecycle. Personnel involved in well operations, engineering, intervention and abandonment receive role-based training and competence development, with regular refreshers.
Management accountability is supported through clear ownership, defined decision authority and established escalation thresholds. Well integrity performance, incidents and risk trends are regularly reviewed to ensure risks are actively managed and addressed.
Monitoring well integrity
Well integrity is monitored through a dedicated integrity management framework that captures well status, barriers, operating parameters, testing and maintenance activities.
This enables the systematic identification, assessment, monitoring and mitigation of integrity risks, providing management with timely visibility of integrity status. Integrity data is used to support risk-based decision-making, prioritisation of actions and performance follow-up.
Objectives and performance targets
To support continuous improvement, we use quantitative objectives and performance indicators, including:
High compliance with defined competence requirements
All wells maintained in acceptable integrity condition
Timely completion of well barrier testing and verification
High data quality and completeness for integrity information
Continuous reduction in well integrity incidents
Performance against these objectives is monitored and reviewed by management and used to identify emerging risks and improvement opportunities.
Industry collaboration
Vår Energi participates in relevant industry forums and initiatives to share experience, benchmark performance and align with evolving best practice. This collaboration supports proactive risk management and helps reduce exposure to systemic integrity risks across the industry. The Well Management guidelines are aligned with the Offshore Norge recommended guidelines for Well integrity and Classification and categorisation of well integrity incidents.
Managing business risk
Well integrity and well control are recognised as material business risks with potential impacts on safety, the environment, regulatory compliance, operational continuity and reputation.
These risks are identified, assessed, escalated and monitored through established governance and risk management processes, ensuring appropriate management attention and oversight.
Continuous improvement
Our well integrity framework is subject to ongoing review and continuous improvement, informed by performance trends, audits, incident investigations and industry learning.
Corrective and preventive actions are tracked through to completion, and the effectiveness of measures is periodically evaluated to strengthen controls over time.
Emergency and crisis management
At Vår Energi, emergency preparedness is a core part of how we ensure safe, responsible and resilient operations on the Norwegian Continental Shelf. Our commitment is to protect people, safeguard the environment and maintain the integrity of our assets and communities.
