Var Energi awarded 14 new licences
Norway, Jan. 14 -- Var Energi ASA is awarded 14 new production licences on the Norwegian Continental Shelf (NCS), of which 6 are as operator, in the 2025 Awards in Predefined Areas (APA) covering mature areas.Var Energi is a major oil and gas supplier to the European market and continued access to new exploration areas is the foundation for further growth and value creation.Var Energi is offered licences in the North Sea, the Norwegian Sea and the Barents Sea - most of the licences are close to existing infrastructure, supporting the company hub strategy. The awards were announced today by the Norwegian Ministry of Energy. Var Energi is offered 4 licences in the North Sea, 6 licences in the Norwegian Sea and 4 licences in the Barents Sea.
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