Vaar Energi raises dividend as profit doubles on high oil, gas prices
Norway's Vaar Energi doubled its third-quarter operating profit to $2.21 billion driven by high oil and gas prices, announcing a $400 million dividend for Q3 and Q4 2026.
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Norway's Vaar Energi doubled its third-quarter operating profit to $2.21 billion driven by high oil and gas prices, announcing a $400 million dividend for Q3 and Q4 2026.
Italian Prime Minister Giorgia Meloni visited Norway to strengthen strategic cooperation in energy and critical minerals, engaging with government officials and executives from major firms like Eni an
Equinor, Aker BP, and Vaar Energi plan to cooperate on oil and gas exploration in Norway's frontier areas to combine expertise and sustain value creation beyond 2035.
Norway's Vaar Energi agreed to acquire BlueNord in a $1.33 billion deal, creating Europe's largest independent oil and gas producer with a combined production target of 450,000 barrels of oil equivale
Vaar Energi and Equinor swapped assets on the Norwegian continental shelf, granting Vaar operatorship of the Peon gas discovery and Equinor stakes in the Fram field. This extends the Gjoea hub's econo
Vaar Energi and partners will invest $1.4 billion to develop three oil and gas discoveries offshore Norway, adding 76 million barrels of recoverable resources. Production starts in 2027, aiding Vaar's