We are Vår Energi

Vår Energi is a leading independent upstream oil and gas company on the NCS. We are committed to deliver a better future through responsible value driven growth, 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 and a net-zero producer (Scope 1 and 2) by 2030.   

Vår Energi was formed in 2018 following the merger of Eni Norge AS and Point Resources AS, representing a new generation exploration and production (E&P) company on the NCS and leveraging on more than 50 years of successful NCS experience.

Investment highlights

• Strong track record with over 50 years of successful operations with heritage from world-class operators
• Leading pure-play E&P independent on the attractive NCS with material gas production
• Operational excellence with diversified and robust portfolio focused on a hub strategy
• High value growth driven by best-in-class exploration and development capabilities and disciplined M&A
• Environmental focus with low-carbon barrels from the NCS, aligned with the Energy Transition
• Material returns with free cash flow generation from low-cost, low-carbon barrels with full upside exposure to commodity prices

Vår Energi is committed to deliver attractive and sustainable shareholder returns.

Listing on Oslo Stock Exchange

On 16 February 2022, Vår Energi was listed on Oslo Stock Exchange (OSE) under the ticker “VAR”. The share offering at NOK 28 per share was substantially oversubscribed and following a successful listing, Vår Energi welcomed approximately 19 000 new shareholders.