Vår Energi and Equinor's five wells estimate Goliat Ridge holds 35-138 mmboe, with total potential surpassing 200 million barrels of oil equivalent.

The Goliat North exploration well in the Barents Sea discovered up to 5 million barrels of oil equivalent, which Vår Energi plans to tie back to the Goliat FPSO.

The Vår Energi well, 10 km north of Goliat, hit hydrocarbons in the Realgrunnen and Klappmyss formations, with estimated gross recoverable resources of up to 3 mmboe.

Vår Energi announced a successful low-pressure project start-up at the Gjøa field, increasing daily production by 6 kboepd and boosting remaining recoverable volumes by approximately 25% for a longer economic life.

Askeladd West adds 15 bcm gas, secures Hammerfest LNG output, and strengthens Norway’s role in European energy with Vår Energi.

The Jotun FPSO is now producing over 80 kboepd gross, bringing total production from the Balder and Ringhorne area to more than 110 kboepd.

Vår Energi announces Vidsyn, a commercial gas-condensate discovery near the Fenja field, adding 25-40 mmboe and potential for 100 mmboe gross.

The project is an important contributor to reaching Vår Energi’s target of producing more than 400 thousand barrels of oil equivalent per day in fourth quarter this year.

Vår Energi and partners plan $2.2B Fram Sør project, aiming 116 mmboe recovery via Troll C platform by 2029.

The Jotun FPSO will have a low operating cost of around USD 5 per barrel and estimated gross proved plus probable recoverable reserves from the project at 150 million barrels of oil equivalent.