Vår Energi is a leading independent oil and gas company operating on the Norwegian Continental Shelf (NCS). With a history spanning over 50 years, the company holds equity stakes in more than 50% of all producing assets on the NCS, making it the third-largest oil and gas producer and the second-largest exporter of gas to Europe from Norway. Vår Energi's diverse portfolio includes 41 producing fields, with a production rate of approximately 280,000 barrels per day in 2024. The company employs around 1,400 people and is headquartered in Sandnes, Norway. Their operations focus on providing reliable, affordable, and sustainable energy, contributing significantly to local communities and the broader European energy market.
The discovery confirms the potential of the Goliat ridge, where additional gross prospective recoverable resources of over 100 mmboe will be assessed with the planned drilling program in 2025.