Norway, Dec. 19 -- Var Energi is progressing the portfolio of early-phase projects, sanctioning a total of ten development projects this year. These developments form part of the Company's early-phase portfolio of around 30 high quality projects. The projects are adding high value barrels to sustain production of between 350 and 400 thousand barrels of oil equivalent per day (kboepd) towards 2030 and beyond.The Company has recently sanctioned the Previously Produced Fields in the Greater Ekofisk Area (PPF), Eldfisk North Extension, Mikkel Flow Conditioning Unit (FCU), Johan Castberg Isflak and Increased Oil Recovery (IOR) projects and the first phase of the Balder Next project¹. Final investment decisions on the following projects were reac...