production efficiency of 92%. This compared to 2,717 b/d and 90% production efficiency in the fourth quarter of 2024. At the Ringhorne field one new production well started up in the first quarter.

New long-term frame agreement with Vår Energi We’re thrilled to share that we will continue delivering maintenance and modification services for Vår Energi ’s Jotun, Balder, and Ringhorne ...

Japan is world’s third largest shipping nation as owners control 12% of the fleet“Combined, Japanese shipowners currently… ...

ExxonMobil said on Thursday it will sell its Norwegian upstream oil and gas assets to independent exploration and production company Vår Energi for $4.5 billion as part of an ongoing large-scale ...