Var Energi
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The field's massive FPSO is anchored in place and on schedule for first oil prior to year-end. -
The massive vessel moved from Aker Solutions quayside to begin sea trials ahead of deployment in the Barents Sea prior to year-end.
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The company is set to supply offshore well services and subsea systems for Vår Energi-operated fields on the Norwegian Continental Shelf.
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The all-cash deal aims to strengthen the Italian supermajor's role as a key supplier of gas to European markets.
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Operator Horisont Energi finds a new partner in Spain’s Fertiberia, while Equinor and Vår seek alternatives.
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The Norwegian Sea field is expected to come on stream in late 2025.
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An Equinor-led partnership to test prospect northeast of Visund.
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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.
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New reserves will likely be developed via subsea tieback
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New find will likely be tied into future Johan Castberg infrastructure.
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