Company Var Energi

Equities

VAR

NO0011202772

Oil & Gas Exploration and Production

Market Closed - Oslo Bors Other stock markets 08:15:00 05/06/2026 pm IST			5-day change	1st Jan Change
47.98 ^NOK	+0.84%		+5.38%	+45.39%

05/06	Norway oil companies, unions agree wage deal, averting strike	RE
05/06	Norway negotiators work overtime to avert oil strike	RE

Business description: Var Energi

Vår Energi ASA specializes in the exploration and production of oil and natural gas on the Norwegian Continental Shelf (NCS). Net sales break down by activity as follows:

- sale of crude oil (66.2%);

- sale of natural gas (30.8%);

- sale of liquefied natural gas (3%).

At the end of 2025, the group operated 42 oil fields.

Number of employees: 1,433

Sales by Activity: Var Energi

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Oil & Gas - Exploration & Production	604.34Cr	978.05Cr	681.6Cr	737.23Cr	796.56Cr

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Geographical breakdown of sales: Var Energi

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
EU	592.02Cr	945.75Cr	-	-	-
Norway	12Cr	32Cr	-	-	-

See all geographic segments

Executive Committee: Var Energi

Manager	Title	Age	Since
Nicholas Walker CEO	Chief Executive Officer	64	05/09/2023
Carlo Santopadre DFI	Director of Finance/CFO	45	01/12/2024
Sverre Brimsøe Bjelland CMP	Compliance Officer	51	01/04/2024
Tone Rognstad CTO	Chief Tech/Sci/R&D Officer	59	-
Torger Rød CEO	Chief Executive Officer	52	01/06/2021

See VAR ENERGI governance

Composition of the Board of Directors: Var Energi

Director	Title	Age	Since
Thorhild Widvey CHM	Chairman	70	26/01/2022
Liv Monica Bargem Stubholt BRD	Director/Board Member	65	26/01/2022
Francesco Gattei BRD	Director/Board Member	57	11/09/2020
Guido Brusco BRD	Director/Board Member	56	10/12/2021
Fabio Ignazio Romeo BRD	Director/Board Member	70	26/01/2022
Jan Inge Nesheim BRD	Director/Board Member	63	26/03/2020
Martha Skjaeveland BRD	Director/Board Member	60	04/05/2022
Francesca Rinaldi BRD	Director/Board Member	48	07/05/2024
Claudia Almadori BRD	Director/Board Member	47	07/05/2024
Carl Anders Olof Kjörling BRD	Director/Board Member	45	07/05/2024

Composition of the Board of Directors

Shareholders: Var Energi

Name	Equities	%	Valuation
ENI S.P.A. 63.04 %	1,57,37,13,749	63.04 %	7 939 M kr
Folketrygdfondet 3.47 %	8,66,37,718	3.47 %	437 M kr
John Fredriksen 0.706 %	1,76,23,590	0.706 %	89 M kr
ODIN Forvaltning AS 0.3165 %	79,00,000	0.3165 %	40 M kr
Danske Bank A/S (Investment Management Norway) 0.2159 %	53,90,682	0.2159 %	27 M kr

List of VAR ENERGI shareholders

Company details: Var Energi

Vår Energi ASA

Vestre Svanholmen 1

4313, Sandnes

http://www.varenergi.no

Oil Exploration & Production - Offshore

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
VAR ENERGI	+0.84%	+5.38%	+58.04%	+78.50%	1.27TCr
AKER ASA	+2.57%	+2.41%	+106.81%	+107.82%	1TCr
SABLE OFFSHORE CORP.	-9.53%	-16.38%	-47.22%	+20.22%	189.09Cr
ENERGEAN PLC	-0.96%	-7.60%	-17.23%	-35.62%	178.64Cr
ISRAMCO NEGEV 2 LIMITED PARTNERSHIP	-1.52%	-7.80%	-16.44%	+52.10%	166.47Cr
SINO GEOPHYSICAL CO., LTD	-0.19%	-3.34%	+84.31%	+76.00%	147.57Cr
VALEURA ENERGY INC.	-3.38%	+3.14%	+53.51%	+469.39%	85Cr
OKEA ASA	-1.76%	+4.42%	+129.14%	+20.59%	43Cr
COHEN DEVELOPMENT GAS & OIL LTD.	-1.09%	-7.04%	-9.05%	+60.75%	39Cr
ECO (ATLANTIC) OIL & GAS LTD.	-6.48%	-8.18%	+417.95%	+225.81%	25Cr
Average	-2.15%	-3.67%	+75.98%	+107.55%	314.7Cr
Weighted average by Cap.	+0.26%	+0.87%	+63.21%	+87.11%