Var Energi

The company is set to supply offshore well services and subsea systems for Vår Energi-operated fields on the Norwegian Continental Shelf.

The all-cash deal aims to strengthen the Italian supermajor's role as a key supplier of gas to European markets.

Operator Horisont Energi finds a new partner in Spain’s Fertiberia, while Equinor and Vår seek alternatives.

The Norwegian Sea field is expected to come on stream in late 2025.

An Equinor-led partnership to test prospect northeast of Visund.

Vår Energi cited increased work scope, continued impact of global supply chain challenges for spike in the estimated cost of the Norwegian Continental Shelf project.

New reserves will likely be developed via subsea tieback

New find will likely be tied into future Johan Castberg infrastructure.

With its $4.5-billion acquisition of ExxonMobil’s remaining portfolio on the Norwegian Continental Shelf now official, Var Energi says it hopes to realize its ambitious growth plans.

Var Energi has awarded Rosenberg Worley with an EPCI contract for the redevelopment of the Balder and Ringhorne fields in the Norwegian North Sea. Rosenberg Worley will manage the life extension of the Jotun FPSO to help secure production from the Balder field until 2045. Var hopes to move the FPSO to a fabrication yard in Stavanger next spring for a 15-month stint, d…