Vår Energi ASA announced adjustments to its executive management team and reaffirms its strategic ambitions. The Company's recent acquisition of Neptune Energy Norge will accelerate the Company's position as a leading E&P independent in Norway. The company announced that Nick Walker will be joining Vår as CEO and also that current CEO, Torger Rød, transfers to the new role as COO.

Walker most recently held the position as CEO of the leading European E&P independent Lundin Energy until mid-2022 when it was acquired by Aker BP, and has previously worked with BP, Talisman Energy, Africa Oil and Vedanta - Cairn Oil & Gas. He has 30 years of international experience in technical, commercial, and executive leadership roles. He will spear-head the Company's strategy, market engagement and stakeholder management.

He will take up the CEO position with effect from 5 September 2023.