Company · Oil and gas
Vår Energi
Vår Energi is a licensee in 51 fields on the Norwegian shelf and the operator of 7 of them, according to the Norwegian Offshore Directorate.
- Ticker
- VAR
- Exchange
- Oslo Børs
- Group
- Oil and gas
- Founded
- 2018
- Headquarters
- Sandnes Municipality
- Website
- varenergi.no
Company facts: Wikidata (CC0), retrieved 29 Sep 2026 · Read more on Wikipedia
Share price
Prices from Yahoo Finance, delayed about 15 minutes. Not investment advice.
About Vår Energi
The company explores for and produces oil and gas on the Norwegian continental shelf, organised in four hubs: the Barents Sea, the Norwegian Sea, Balder and the North Sea. It operates fields including Goliat in the Barents Sea, Balder, Gjøa, Duva and Fenja, and is a partner in Johan Castberg, which came on stream in 2025. It also holds interests in Åsgard, Njord, Ormen Lange and Heidrun, and describes itself as one of the largest exporters of Norwegian gas to Europe.
Sources: Vår Energi – About us · Vår Energi – Our key hubs · Vår Energi – The Barents Sea hub · Vår Energi – The North Sea hub · Vår Energi – The Norwegian Sea hub · Vår Energi – The Balder hub · Vår Energi – The stock (største aksjonærer) · Sodir faktasider – Balder · Sodir faktasider – Johan Castberg, retrieved 24 Oct 2026
Stock exchange announcements
The latest announcements from Oslo Børs Newsweb. The headline links to the announcement.
Fields and stakes
- Calculated equity production
- 22.1 million Sm³ o.e. · Sep 2025–Aug 2026 · calculated
- Share of Norwegian production
- 9.01 % calculated
- Per day
- 382,000barrels o.e. per day, converted · calculated
- Fields with a stake
- 51Operator of 7
| Field | Share | Status | Field production, last 12 mo | Calculated share, last 12 mo |
|---|---|---|---|---|
| BalderOperator | 90.00 % | Producing | 4.55 | 4.10 |
| Johan Castberg | 30.00 % | Producing | 10.46 | 3.14 |
| Åsgard | 22.65 % | Producing | 7.96 | 1.80 |
| Breidablikk | 34.40 % | Producing | 3.88 | 1.34 |
| Halten Øst | 24.60 % | Producing | 3.73 | 0.92 |
| Snøhvit | 12.00 % | Producing | 7.40 | 0.89 |
| Snorre | 18.55 % | Producing | 4.66 | 0.86 |
| GoliatOperator | 65.00 % | Producing | 1.30 | 0.84 |
| Njord | 22.50 % | Producing | 2.97 | 0.67 |
| Tyrihans | 18.02 % | Producing | 3.60 | 0.65 |
| Fram | 35.00 % | Producing | 1.60 | 0.56 |
| Ormen Lange | 6.34 % | Producing | 8.69 | 0.55 |
| Mikkel | 48.38 % | Producing | 1.11 | 0.54 |
| Grane | 28.32 % | Producing | 1.74 | 0.49 |
| GjøaOperator | 25.00 % | Producing | 1.65 | 0.41 |
| Ekofisk | 12.39 % | Producing | 3.21 | 0.40 |
| DuvaOperator | 30.00 % | Producing | 1.23 | 0.37 |
| Eldfisk | 12.39 % | Producing | 2.61 | 0.32 |
| Trestakk | 40.90 % | Producing | 0.76 | 0.31 |
| Gudrun | 25.00 % | Producing | 1.21 | 0.30 |
| Tommeliten A | 9.09 % | Producing | 2.92 | 0.27 |
| Nova | 15.00 % | Producing | 1.74 | 0.26 |
| Kristin | 16.66 % | Producing | 1.51 | 0.25 |
| FenjaOperator | 50.00 % | Producing | 0.44 | 0.22 |
| Statfjord | 21.37 % | Producing | 1.01 | 0.22 |
| Sleipner Vest | 17.24 % | Producing | 1.23 | 0.21 |
| Ringhorne ØstOperator | 92.60 % | Producing | 0.22 | 0.21 |
| Heidrun | 5.18 % | Producing | 3.64 | 0.19 |
| Vigdis | 16.10 % | Producing | 1.15 | 0.19 |
| Statfjord Nord | 25.00 % | Producing | 0.46 | 0.12 |
| Tordis | 16.10 % | Producing | 0.68 | 0.11 |
| Bauge | 30.00 % | Producing | 0.31 | 0.09 |
| Statfjord Øst | 20.55 % | Producing | 0.42 | 0.09 |
| Tor | 10.82 % | Producing | 0.39 | 0.04 |
| Svalin | 13.00 % | Producing | 0.32 | 0.04 |
| Vega | 3.30 % | Producing | 1.23 | 0.04 |
| Hyme | 30.00 % | Producing | 0.12 | 0.03 |
| Morvin | 30.00 % | Producing | 0.09 | 0.03 |
| Sigyn | 40.00 % | Producing | 0.07 | 0.03 |
| Embla | 12.39 % | Producing | 0.17 | 0.02 |
| Sygna | 21.00 % | Producing | 0.08 | 0.02 |
| Gungne | 13.00 % | Producing | 0.11 | 0.01 |
| Sleipner Øst | 15.40 % | Producing | 0.06 | 0.01 |
| Byrding | 15.00 % | Producing | 0.01 | 0.00 |
| Albuskjell | 52.28 % | Approved for production | 0.00 | 0.00 |
| Vest Ekofisk | 52.28 % | Approved for production | 0.00 | 0.00 |
| JotunOperator | 30.00 % | Shut down | 0.00 | 0.00 |
| Edda | 12.39 % | Shut down | 0.00 | 0.00 |
| Fram H-Nord | 10.80 % | Producing | 0.00 | 0.00 |
| Yttergryta | 9.80 % | Shut down | 0.00 | 0.00 |
| Tommeliten Gamma | 9.13 % | Approved for production | 0.00 | 0.00 |
| Total | 22.15 |
Calculated by OESA, not figures from the company: for each field the company's current share is multiplied by the field's marketable production (Sep 2025–Aug 2026) from the Norwegian Offshore Directorate, and the results are summed. The company's own figures may differ, for example because shares may have changed during the period and because companies report production in other ways. For fields that cross into the UK shelf, Sodir's production figures and shares are used as they are. Licensees at Sodir counted as the company: Vår Energi ASA.
Network
The network page shows how the 51 fields of Vår Energi connect to pipelines, landfall and markets (Vår Energi operates one transport pipeline in service), and the 5 rigs that have drilled for the company in the last three years, with a source and date for each link.
Analyses that mention the company
No analyses on OESA mention Vår Energi yet. Go to the analysis page
Questions and answers
What is the Vår Energi ticker on Oslo Børs?
Vår Energi trades on Oslo Børs under the ticker VAR. The share price on this page is the Oslo Børs price from Yahoo Finance, delayed by about 15 minutes.
How many Norwegian fields does Vår Energi have stakes in?
51 fields on the Norwegian shelf, and it is the operator of 7 of them, according to the Norwegian Offshore Directorate.
Who owns Vår Energi?
Eni International BV is the largest shareholder with 63.04 per cent of the shares as of 22 October 2026. The second largest is Folketrygdfondet with 2.59 per cent.
Which fields does Vår Energi operate?
Its operated fields include Goliat in the Barents Sea, Balder, Gjøa, Duva and Fenja near Njord. At Balder it produces from the Jotun FPSO, which started production in June 2025.
Sources
Sokkeldirektoratet, the Norwegian Offshore Directorate (FactMaps and FactPages), Norwegian Licence for Open Government Data (NLOD). Field data retrieved 4 Nov 2026, production 28 Oct 2026, licensees and reserves 11 Nov 2026. factpages.sodir.no · NLOD. Prices from Yahoo Finance, delayed about 15 minutes. Not investment advice.