Equinor and its partners Petoro, Vår Energi, and TotalEnergies EP Norge started production from the first Lavrans well in the Kristin South area on 7 July.
The combined company is the second largest independent E&P company on the Norwegian Continental Shelf (NCS) and the second largest supplier of gas from Norway to Europe.
Vår Energi is awarded 16 new production licenses on the Norwegian Continental Shelf (NCS), of which four as operator, in the 2023 Awards in Predefined Areas (APA) covering mature areas.
Vår Energi has together with the Goliat licence partner approved concept selection (DG2) for gas export from Goliat to the Snøhvit pipeline for further transport to Hammerfest LNG.
The Johan Castberg partnership, consisting of Equinor, Vår Energi and Petoro, is today updating the project cost estimate. The investment estimate has increased by almost NOK 13 billion since last year.
Vår Energi has formed a long-term strategic partnership with Halliburton for drilling services to further improve drilling and well performance and enhance value creation.
