Company Var Energi

Stocks

VAR

NO0011202772

Oil & Gas Exploration and Production

Market Closed - Oslo Bors Other stock markets 15:45:00 21/07/2026 BST			5-day change	1st Jan Change
46.70 ^NOK	+7.09%		+7.78%	+41.52%

07-21	Energy Shares Rise As Mideast Fighting Continues -- Energy Roundup	DJ
07-21	Adnoc, Partners to Proceed With $6.2 Billion Umm Shaif Gas Cap Project -- Commodities Roundup	DJ

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	6.04B	9.78B	6.82B	7.37B	7.97B

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Geographical breakdown of sales: Var Energi

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
EU	5.92B	9.46B	-	-	-
Norway	123M	323M	-	-	-

See all geographic segments

Executive Committee: Var Energi

Manager	Title	Age	Since
Nicholas Walker CEO	Chief Executive Officer	64	04/09/2023
Carlo Santopadre DFI	Director of Finance/CFO	45	30/11/2024
Sverre Brimsøe Bjelland CMP	Compliance Officer	51	31/03/2024
Tone Rognstad CTO	Chief Tech/Sci/R&D Officer	59	-
Torger Rød CEO	Chief Executive Officer	52	31/05/2021

See VAR ENERGI governance

Composition of the Board of Directors: Var Energi

Director	Title	Age	Since
Thorhild Widvey CHM	Chairman	70	25/01/2022
Liv Monica Bargem Stubholt BRD	Director/Board Member	65	25/01/2022
Francesco Gattei BRD	Director/Board Member	57	10/09/2020
Guido Brusco BRD	Director/Board Member	56	09/12/2021
Fabio Ignazio Romeo BRD	Director/Board Member	70	25/01/2022
Jan Inge Nesheim BRD	Director/Board Member	63	25/03/2020
Martha Skjaeveland BRD	Director/Board Member	60	03/05/2022
Francesca Rinaldi BRD	Director/Board Member	48	06/05/2024
Claudia Almadori BRD	Director/Board Member	47	06/05/2024
Carl Anders Olof Kjörling BRD	Director/Board Member	45	06/05/2024

Composition of the Board of Directors

Shareholders: Var Energi

Name	Stocks	%	Valuation
ENI S.P.A. 63.04 %	1,573,713,749	63.04 %	6 551 M kr
Folketrygdfondet 3.47 %	86,637,718	3.47 %	361 M kr
John Fredriksen 0.706 %	17,623,590	0.706 %	73 M kr
Danske Bank A/S (Investment Management Norway) 0.47 %	11,734,021	0.47 %	49 M kr
ODIN Forvaltning AS 0.3165 %	7,900,000	0.3165 %	33 M kr

Name	Stocks	%	Valuation
Roce Capital SAS -	1,100,000	-	5 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	5-day change	1-year change	3-year change	Capi.($)
VAR ENERGI	+7.09%	+7.78%	+36.55%	+57.03%	11.25B
AKER ASA	+0.64%	-0.79%	+95.93%	+95.62%	9.55B
ENERGEAN PLC	+2.70%	+5.85%	-18.22%	-29.86%	1.88B
ISRAMCO NEGEV 2 LIMITED PARTNERSHIP	+2.11%	+6.82%	-11.99%	+49.71%	1.74B
SINO GEOPHYSICAL CO., LTD	-7.66%	+2.80%	+41.05%	+38.97%	1.35B
VALEURA ENERGY INC.	+4.02%	+8.46%	+74.82%	+465.00%	903M
SABLE OFFSHORE CORP.	0.00%	-5.42%	-86.78%	-59.32%	803M
COHEN DEVELOPMENT GAS & OIL LTD.	+0.42%	-0.53%	-16.82%	+74.55%	385M
OKEA ASA	+4.06%	+6.55%	+85.90%	-3.33%	344M
ECO (ATLANTIC) OIL & GAS LTD.	-0.90%	+2.80%	+547.06%	+423.81%	276M
Average	+1.25%	+0.70%	+74.75%	+111.22%	2.85B
Weighted average by Cap.	+3.13%	+0.11%	+52.64%	+75.64%