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Vår Energi  logo — Vår Energi is a leading independent oil and gas company on t...

Vår Energi

Vår Energi is a leading independent oil and gas company on the Norwegian continental shelf.

Founded 2018 Norway Norway 1203 employees Post-IPO Debt Total: $8.81B Energy, Oil and Gas

General Information

Company Name Vår Energi
Founded Year 2018
Location Norway Norway
Employees 1203
Industries Energy, Oil and Gas
Funding Stage Post-IPO Debt
Social

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About Vår Energi

Vår Energi is a leading independent oil and gas company on the Norwegian continental shelf. The company, founded in 2018, is committed to delivering a better future through responsible value-driven growth based on over 50 years of NCS operations. With a robust and diversified asset portfolio, ongoing development projects, and a strong exploration track record, Vår Energi aims to be the safest operator on the NCS, the partner of choice, and an ESG leader. One of its key ambitions is to reduce emissions from its operations by 50% within 2030. Vår Energi has around 1,300 employees and equity stakes in 47 producing fields. The company is headquartered outside Stavanger, Norway, with offices in Oslo, Hammerfest, and Florø, positioning it strategically within the Norwegian energy landscape. The company recently secured a €750.00M post-IPO debt investment on 08 November 2023, further solidifying its financial position for future endeavors. Vår Energi's focus on sustainable growth, operational excellence, and its substantial presence on the NCS make it a prominent player in the energy and oil and gas industries. With its clear vision, strong track record, and ongoing commitment to environmental responsibility, Vår Energi presents an appealing investment opportunity in the ever-evolving energy sector. To learn more about Vår Energi, please visit www.varenergi.no.

Business keywords: Oil and gas industry, Norwegian continental shelf (NCS), Upstream operations, Exploration and production, ESG (Environmental, Social, and Governance), Responsible energy production, Sustainable development, Asset portfolio management, Safety measures, Employee count, Stavanger headquarters, Oslo office, Hammerfest office, Florø office, ESG emissions reduction plan

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt €750.00M -
08 Nov 2023
Post IPO Secondary kr4.56B -
22 Sep 2023
Post IPO Debt $1.50B -
20 Sep 2023
Post IPO Debt $2.00B -
09 Nov 2022
Venture Round Undisclosed 1
HitecVision
01 Jan 2016

Vår Energi Alternatives & Competitors

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FAQ About Vår Energi

Vår Energi is a leading independent oil and gas company on the Norwegian continental shelf.
Vår Energi was founded in 2018.
Vår Energi is headquartered in Norway.
Vår Energi operates in Energy and Oil and Gas. Its work centres on Oil and gas industry, Norwegian continental shelf (NCS), Upstream operations and Exploration and production.
Vår Energi has approximately 1203 employees.
Vår Energi has completed 5 funding rounds, raising a total of $8.81B. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to Vår Energi include Pandion Energy AS, Aker BP ASA, Kentex Worland, Wintershall Dea, Dragon Oil. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Vår Energi and Pandion Energy AS are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Vår Energi , https://bouncewatch.com/company/var-energi, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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