Latest Vår Energi News & Updates

See the latest news and media coverage for Vår Energi. We track all announcements, press releases, and industry mentions in real time, all in one place.

Vår Energi

Norwegian upstream oil and gas company

varenergi.no

Headquarters: Sandnes, Norway
Founded year: 2018
Company type: Private company
Number of employees: 1,200–5,000
Industry: Oil & Gas Exploration and Production

Last updated Today

Latest news about Vår Energi

In short: Vår Energi grew rapidly through its $1.3 billion BlueNord merger and major NCS acquisitions, achieving record production of 406 kboepd.

Company announcements

July 21 Vår Energi

Vår Energi will combine with BlueNord

The merger creates the largest independent oil and gas producer in Europe, with production of 450 kboepd and increased dividend capacity.

July 21 Vår Energi

Vår Energi announces cash dividend of NOK 1.355 per share

The dividend is subject to approval at an extraordinary general meeting on 17 August 2026.

July 2 Vår Energi

Vår Energi receives investment grade credit rating from Fitch

Fitch assigns BBB long-term issuer credit rating with stable outlook, recognizing strong financial and operational performance.

June 30 Vår Energi

Vår Energi strengthens Gjøa area position and extends field life

Acquires 32.5% in Peon discovery, divests 5% in Fram and Grosbeak, extending Gjøa hub life to 2045.

Media coverage

July 23 Dagens PS

Major bank slams oil merger – warns of higher costs and risk

Vår Energi's multibillion purchase of Danish BlueNord gets a cool reception from major bank RBC Capital Markets. The bank sees increased costs, larger financial...

July 21 Yahoo Finance

Var Energi ASA (VARRY) Q2 2026 Earnings Call Highlights: Record Revenue and Strategic Expansion

Var Energi ASA (VARRY) reports robust financial performance and strategic growth initiatives, including a major acquisition, despite operational challenges.

July 20 The Wall Street Journal

Var Energi Agrees $1.3 Billion Deal to Buy BlueNord

The company, which operates on the Norwegian Continental Shelf, said the deal will increase its exposure to European gas markets and expands access to key...

June 30 Yahoo Finance

Equinor to transfer Peon interest to Vår Energi in NCS deal

Equinor and Vår Energi have agreed to exchange assets on the Norwegian Continental Shelf (NCS) in a...

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