SANDNES, NORWAY: Vår Energi ASA (OSE: VAR) agrees the sale of its Norne area assets to DNO Norge AS for a fixed after-tax consideration of USD 51 million, and DNO Norge AS will transfer to Vår Energi their stake in…
OSLO, NORWAY: Vår Energi confirms discovery of oil in the Balder area in the Central North Sea. The latest Ringhorne North exploration well in production license (PL 956) was successful with estimated recoverable resources of between 13 and 23 million…
OSLO,NORWAY: Vår Energi ASA (OSE: VAR) has agreed to buy 100% of the shares of Neptune Energy Norge AS from Neptune Energy Group Holdings Limited for a cash consideration based on an agreed enterprise value of USD 2.275 billion. The…
SANDNES, NORWAY: Horisont Energi, Equinor and Vår Energi have entered into a cooperation agreement for the development of Barents Blue, Europe’s first large-scale production facility for blue ammonia. “This agreement means that we are now moving forward in the Barents…