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22.12.25 - 08:06
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Vår Energi ASA: Production update December 2025 (Cision)
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Sandnes, Norway, 22 December 2025: Vår Energi (OSE: VAR, “the Company”) is providing an update on production guidance for full year 2025, which is updated to be in the range 330 to 335 thousand barrels of oil equivalent per day (kboepd) at the lower end of the previous guidance, due to recent operational challenges at the Johan Castberg and the Balder fields.
At Johan Castberg, some issues with the offloading hose have led to periods of reduced production in November and again now in December. In the Balder area, there is recently experienced reduced production at the Jotun FPSO caused by...
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18.12.25 - 07:06
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Sustaining long term production with ten high quality project sanctions in 2025 (Cision)
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Sandnes, Norway, 18 December 2025: Vår Energi (OSE: VAR, “the Company”) is progressing the portfolio of early-phase projects, sanctioning a total of ten development projects this year. These developments form part of the Company's early-phase portfolio of around 30 high quality projects. The projects are adding high value barrels to sustain production of between 350 and 400 thousand barrels of oil equivalent per day (kboepd) towards 2030 and beyond.
The Company has recently sanctioned the Previously Produced Fields in the Greater Ekofisk Area (PPF), Eldfisk North Extension, Mikkel Flow...
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17.12.25 - 07:06
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All nine projects on stream by year-end – driving transformational growth in 2025 (Cision)
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Sandnes, Norway, 17 December 2025: Vår Energi (OSE: VAR, “the Company”) is pleased to announce the successful start-up of Balder Phase V and the completion of Åsgard Low Pressure Production Phase 3 (LPP3). With the Åsgard LPP3 project start-up scheduled for December, the Company has delivered on its commitment to complete nine out of nine growth projects in 2025, marking a year of transformational progress for Vår Energi.
Production has grown from an average of 280 thousand barrels of oil equivalent (kboepd) in 2024 to around 430 kboepd today, demonstrating our commitment to growth and value...
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16.12.25 - 07:54
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PPF Project sanctioned – strengthening production in the Greater Ekofisk Area (Cision)
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Sandnes, Norway, 16 December, 2025: Vår Energi ASA (OSE: VAR, “the Company”) and licence partners announce that the Previously Produced Fields (PPF) Project in the Greater Ekofisk Area is sanctioned. The project will add high value barrels from 2028 onwards and strengthen production life of the Greater Ekofisk Area.
The partners in the PPF Project, operated by ConocoPhillips Skandinavia AS, have made a final investment decision on the PPF re-development project. The project's capital commitment is approximately USD 0.7 billion net Vår Energi and is expected to deliver 55 million barrels of...
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11.12.25 - 08:24
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Extending plateau production at Johan Castberg (Cision)
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Sandnes, Norway, 11 December 2025 – Vår Energi ASA (OSE: VAR, “the Company”) and partners have sanctioned the first tie-in development to extend plateau production from the Johan Castberg field in the Barents Sea towards 2030.
The Johan Castberg licence, operated by Equinor, has made a final investment decision for the Johan Castberg Isflak Development. The partnership is also planning six new Increased Oil Recovery (IOR) wells and a development of the Drivis Tubåen discovery. The projects add total reserves of 27 million barrels of oil equivalent (mmboe) net Vår Energi, and demonstrate...
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04.12.25 - 09:00
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Vår Energi confirms another oil discovery near the Goliat field in the Barents Sea (Cision)
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Sandnes, Norway, 4 December 2025: Vår Energi (OSE: VAR, the Company) confirms an oil discovery in the Goliat North exploration well, located close to the Vår Energi operated Goliat field in the Barents Sea.
The exploration well located five kilometres north of the Goliat field encountered hydrocarbons in the Realgrunnen and Kobbe formations. Estimated gross recoverable resources encountered are up to 5 million barrels of oil equivalent (mmboe).
The Goliat North well forms an integral part of the Goliat Ridge appraisal drilling programme. Vår Energi and partner Equinor will drill a total...
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04.12.25 - 08:42
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Vår Energi confirms another oil discovery near the Goliat field in the Barents Sea (Cision)
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Sandnes, Norway, 4 December 2025: Vår Energi (OSE: VAR, the Company) confirms an oil discovery in the Goliat North exploration well, located close to the Vår Energi operated Goliat field in the Barents Sea.
The exploration well located five kilometres north of the Goliat field encountered hydrocarbons in the Realgrunnen and Kobbe formations. Estimated gross recoverable resources encountered are up to 5 million barrels of oil equivalent (mmboe).
The Goliat North well forms an integral part of the Goliat Ridge appraisal drilling programme. Vår Energi and partner Equinor will drill a total...
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02.12.25 - 19:12
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Vår Energi ASA′s share saving plan allocates shares (Cision)
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Sandnes, Norway, 2 December 2025: A total of 604 516 shares were purchased on behalf of employees in Vår Energi ASA (OSE: VAR) participating in the company's employee share saving programme. The average purchase price was NOK 31.4587 per share. The transactions are based on savings made in October, November and December 2025. 86% of Vår Energi employees took part in the share saving for these months.
As part of the programme, primary insiders in Vår Energi ASA (OSE: VAR) purchased 18 260 shares at an average price of NOK 31.4587 per share.
Details on individual allocation of shares to...
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26.11.25 - 15:54
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Vår Energi ASA: Notification of trade by primary insider (Cision)
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Sandnes, Norway, 26 November 2025: Employee representative to the Board, Jan Inge Nesheim in Vår Energi has bought 2 260 shares in the company at a price of NOK 31.20 per share. Following the purchase, Jan Inge Nesheim holds a total of 60 933 shares in Vår Energi ASA.
Details of the trade is included in the attached notification of trading. This information is subject to the disclosure requirements pursuant to MAR article 19 and Section 5-12 the Norwegian Securities Trading Act.
Contact
Investor Relations
Ida Marie Fjellheim, VP Investor Relations
+47 905 09 291
ida.fjellheim@...
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17.11.25 - 07:00
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Vår Energi ASA: Ex dividend Q3 2025 (Cision)
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Sandnes, Norway, 17 November 2025: The shares in Vår Energi ASA (OSE: VAR) will be traded ex dividend of NOK 1.211 per share for the third quarter of 2025, as of today, 17 November.
With reference to the stock market announcement on 21 October, the extraordinary general meeting held on 11 November in Vår Energi has resolved to pay a dividend payment of NOK 1.211 per share, NOK 3 023 147 964 in total, equal to USD 300 million, relating to Q3 2025. The dividend will be paid on 25 November in NOK and the NOK dividend amount is based on the daily exchange rate published by Norges Bank 20 October...
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13.11.25 - 08:43
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Vår Energi confirms oil in appraisal well near the Goliat field in the Barents Sea (Cision)
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Sandnes, Norway, 13 November 2025: Vår Energi (OSE: VAR, the Company) confirms oil in the Zagato North appraisal well, located close to the Vår Energi operated Goliat field in the Barents Sea.
The well located 10 kilometres north of the Goliat field encountered hydrocarbons in the Realgrunnen and Klappmyss formations. Estimated gross recoverable resources encountered by the well are up to 3 million barrels of oil equivalent (mmboe).
Zagato North is part of the Goliat Ridge appraisal programme, including ongoing drilling operations at the Goliat North well, followed by a planned side-...
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11.11.25 - 15:12
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Vår Energi ASA: Extraordinary general meeting held (Cision)
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Sandnes, Norway, 11 November 2025: The extraordinary general meeting of Vår Energi ASA (the "Company") (OSE: VAR) was held today, 11 November 2025, at 15:00 (CET). The meeting was held as a digital event.
In accordance with the proposals made by the Board of directors, the general meeting approved a dividend of NOK 1.211 per share, NOK 3 023 147 964 in total, equivalent to USD 300 million, relating to Q3 2025.
Dividend amount: 1.211
Announced currency: NOK
Last day including right: 14 November 2025
Ex-date: 17 November 2025
Record date: 18 November 2025
Payment date: 25 November 2025...
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21.10.25 - 07:06
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Key information relating to cash dividend to be paid by Vår Energi ASA (Cision)
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Sandnes, Norway, 21 October 2025: Reference is made to the announcement by Vår Energi ASA (OSE: VAR) on 21 October 2025 regarding the notice of an extraordinary general meeting ("EGM"), to be held on 11 November 2025 to approve a dividend of NOK 1.211 per share, NOK 3 023 147 964 in total, equivalent to USD 300 million, relating to Q3 2025.
Dividend amount: 1.211
Announced currency: NOK
Last day including right: 14 November 2025
Ex-date: 17 November 2025
Record date: 18 November 2025
Payment date: 25 November 2025
Date of approval: 11 November 2025
The dividend...
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21.10.25 - 07:00
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Vår Energi reports strong results in the third quarter 2025 (Cision)
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Sandnes, Norway, 21 October 2025: Vår Energi ASA (OSE: VAR) reports strong third quarter results with transformational growth delivered ahead of schedule and a pipeline of new projects being progressed for long-term value creation.
Production milestones met ahead of schedule
· Average fourth quarter production expected ~430 kboepd
· Jotun FPSO reached peak production in September
· Adding ~180 kboepd at peak from new projects in 2025, 7 out of 9 projects on stream
· Derisked outlook with key projects delivered
Solid financial performance
· Significant cash flow from...
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21.10.25 - 07:00
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Vår Energi ASA: Notice of extraordinary general meeting (Cision)
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Sandnes, Norway, 21 October 2025: The board of directors of Vår Energi (OSE: VAR, the “Company”) hereby calls for an extraordinary general meeting (“EGM”) to be held on 11 November 2025 at 15:00 CEST to approve a dividend for the third quarter of 2025, based on the Company's audited interim balance sheet and notes as per 30 June 2025.
Shareholders can participate in the EGM via webcast and also vote in advance or by proxy. The deadline for advance voting and proxy registration is 7 November 2025 at 15:00 CEST. Only shareholders registered in Euronext VPS as of 4 November 2025 are entitled to...
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10.10.25 - 07:06
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Vår Energi: Third quarter 2025 trading update (Cision)
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Sandnes, Norway, 10 October 2025: Vår Energi ASA (OSE: VAR, the "Company") will publish its financial report for the third quarter 2025 on Tuesday 21 October. Today, the Company provides an update on production, sales volumes and other relevant items.
Vår Energi's net production of oil, liquids and natural gas averaged 370 kboepd in the third quarter of 2025, an increase of 29% from the second quarter and an increase of 44% compared to the third quarter of 2024. Vår Energi expects to reach around the mid-point of the production guidance of 330-360 kboepd for the full-year 2025. Fourth...
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07.10.25 - 07:01
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Vår Energi is increasing production and reserves from the Gjøa field (Cision)
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Sandnes, Norway, 7 October 2025: Vår Energi ASA (OSE: VAR) is pleased to announce an increase in both production as well as recoverable volumes from the Gjøa field (PL153), following the start-up of the Gjøa low pressure project.
The project has modified the compressor systems on the Gjøa platform, which has enabled the wells to produce longer and at higher rates, increasing the remaining recoverable volumes.
Production from the Gjøa field increased by 6 thousand barrels of oil equivalent per day (kboepd) from 35 kboepd to 41 kboepd (gross) as a result of the start-up. In addition,...
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