OSLO, NORWAY (By VĂĄr Energi, 21.Jul.2026, Words: 1524) — VĂĄr Energi ASA and BlueNord ASA agreed on a combination of its businesses, making VĂĄr Energi the largest independent producer of oil and gas in Europe. The transaction adds high-quality and long-life assets on the Danish Continental Shelf (“DCS”) with stable long-term […]
Tag: Var Energi
Subsea7 awarded $150mn-$300mn contract offshore Norway
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 22.May.2026, Words: 150) — Subsea7 announced the award of a substantial contract — valued between $150mn and $300mn — by VĂĄr Energi for the Goliat gas export project, located in the Barents Sea, offshore Norway. Offshore operations are scheduled to take place […]
Transocean reports contracts from Norway to Brazil with VĂĄr Energi and Petrobras totaling $1bn
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 2.Apr.2026, Words: 278) — Transocean Ltd. announced awards of a contract for a harsh environment semisubmersible in Norway and contract extensions for 2 ultra-deepwater drillships in Brazil. RELATED: TRANSOCEAN TO RETIRE SENIOR SECURED NOTES DUE 2028 (TITAN NOTES) In aggregate, the fixtures represent approximately $1bn in incremental firm […]
Equinor reports new oil find that strengthens Johan Castberg development
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 18.Mar.2026, Words: 272) — Equinor reported an oil discovery that will be tied into the Johan Castberg field in the Barents Sea, 220km northwest of Hammerfest. The discovery was made in the “Polynya TubĂĄen” prospect (7220/7-5). And, the well was drilled by the […]
Equinor reports oil find in Snorre area, eyes rapid development
OSLO, NORWAY (By Equinor, 2.Mar.2026, Words: 533) — Equinor and its partners have made a commercial oil discovery in the Snorre area in the North Sea. The partnership has already planned for a rapid and cost‑effective development. The well, drilled by the Deepsea Atlantic rig, has confirmed hydrocarbons. Preliminary volume estimate […]
Equinor and VĂĄr Energi award Bristow Billion-NOK contract for helicopter transportation
OSLO, NORWAY (By Equinor, 2.Feb.2026, Words: 430) — Equinor and VĂĄr Energi have awarded Bristow a new, long-term contract for helicopter transportation and search and rescue (SAR) services from the base in Hammerfest. The contract ensures stable and predictable services at a time of increased activity in the Barents Sea. “The […]
Investing in the next phase at Johan Castberg
OSLO, NORWAY (By Equinor, 11.Dec.2025, Words: 630) — Equinor, VĂĄr Energi and Petoro will invest just over NOK 4bn in the first discovery tied back to the Johan Castberg field in the Barents Sea. The decision was made eight months after Johan Castberg came on stream. Recoverable oil in the new […]
New technology increases gas recovery on Ă…sgard
OSLO, NORWAY (By Equinor, 26.Sep.2025, Words: 482) — Equinor and partners in Ă…sgard and Mikkel licences have started phase 2 of Ă…sgard subsea compression in the Norwegian Sea. The project will help maintain production from the field by increasing the pressure in the pipelines between the wells and the Ă…sgard […]
Equinor: more oil and gas to Europe from the Fram and Troll area
HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 26.Jun.2025, Words: 699) — Equinor and its Fram partners — Equinor Energy AS (45% WI), VĂĄr Energi ASA (40% WI) and INPEX Idemitsu Norge AS (15% WI) — will invest over NOK21bn in a new subsea development. The plan for development and […]
Equinor says Johan Castberg producing at full capacity of 220,000 b/d
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 20.Jun.2025, Words: 404) — Only 3 months after coming on stream Johan Castberg is producing at peak capacity of 220,000 barrels per day (b/d) of oil. This increases energy deliveries from the Barents Sea by 150%, according to Equinor. Partners in Johan Castberg […]
Viridien authors win 2025 EAGE award for best paper in First Break
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Jun.2025, Words: 368) — Viridien congratulates Isabel Espin, Laurene Michou, Nicolas Salaun, Daniela Donno and Diego Carotti on being selected by the EAGE to receive its 2025 Neil Anstey Award for the best paper published in the journal First Break in the past […]
Equinor Says Start-up Nears for Johan Castberg Field
(Energy Analytics Institute, 10.Dec.2024) — Equinor and its partners VĂĄr Energi and Petoro expect the Johan Castberg field to come on stream in Jan./Feb. 2025. The Johan Castberg floating production, storage and offloading vessel (FPSO) was anchored on the field in the Barents Sea in Sep. 2024. The FPSO has […]
Equinor Finds Oil and Gas in the North Sea
(Energy Analytics Institute, 15.Nov.2024) — Norway’s Equinor said an exploration well with sidetrack has been drilled about 10 km north of the Troll field in the North Sea where petroleum was struck in both well trajectories. The discovery is estimated to hold between 13-28 million barrels of oil equivalent (MMboe), […]
Equinor Starts Production from Kristin South
(Equinor, 8.Jul.2024) — Equinor and its partners Petoro, VĂĄr Energi, and TotalEnergies EP Norge started production from the first Lavrans well in the Kristin South area on 7 July. The partnership submitted the plan for development and operation (PDO) of the Lavrans and Kristin Q discoveries as satellites to the […]