Vår Energi is offered licenses in the North Sea, the Norwegian Sea and the Barents Sea – most of them in areas close to existing infrastructure, supporting the company hub strategy.
Rune Oldervoll, Vår Energi EVP Exploration & Production is pleased with the results:
“I’m pleased to see that we are offered licenses in all our key areas on the Norwegian Continental Shelf. We continue to build our diversified portfolio and strengthen our position as a leading operator – especially in the north. All licenses support our long-term growth strategy and give us continuity in our work to develop opportunities and create value.”
Vår Energi is also offered licenses in the western Barents Sea – in a more unexplored area of the Barents region.
Vår Energi CEO Nick Walker explains:
“In addition to further development in and around existing fields, we are intensifying our work to unlock the hydrocarbon potential in the western Barents Sea – building on our leading exploration track record. Norway is a vital supplier of energy to Europe. Access to new exploration acreage is key to maintaining our long-term position as a reliable supplier.”
Vår Energi is offered following licenses: (op) = operator
- The North Sea: 4 (1 op)
- Norwegian Sea: 5 (1op)
- Barents Sea: 7 (2 op)
