Vår Energi accelerates decarbonisation efforts through carbon storage application opportunities on the Norwegian continental shelf (NCS). 

Carbon capture and storage (CCS) will play a key role in meeting global energy and climate goals and the NCS holds significant potential for carbon storage.  

Vår Energi accelerates efforts in exploring the potential of CCS and acquires Feistein CCS – a company specialising on maturing large-scale, cost-efficient CO2 storage opportunities.  

A strategic fit, according to EVP Technology, Drilling & Subsurface in Vår Energi, Ingrid Sølvberg: 

Technological development and investments in low-emission solutions is needed to support the pathway to net zero, and the acquisition of Feistein CCS accelerates our position and competence on CO2-storage. We are a predictable, reliable, and low emission provider of energy, and decarbonisation activities are a natural part of being a pure play oil and gas company on the NCS.  

 

About Vår Energi 

Vår Energi is a leading independent upstream oil and gas company on the Norwegian continental shelf (NCS). We are committed to deliver a better future through responsible value driven growth based on over 50 years of NCS operations, a robust and diversified asset portfolio with ongoing development projects, and a strong exploration track record. Our ambition is to be the safest operator on the NCS, the partner of choice, an ESG leader with a tangible plan to reduce emissions from our operations by 50% within 2030. 

 Vår Energi has more than 1 000 employees and equity stakes in 39 fields and the company produced net 220,000 boe per day in 2022. We have our headquarters outside Stavanger, Norway, with offices in Oslo and Hammerfest. To learn more, please visit varenergi.no. 

 Contact  

Jan Eirik Heigre Gjerdevik 
Communication Advisor
+47 913 25 511
jan.eirik.gjerdevik@varenergi.no