Vår Energi Bolsters Its Oil & Gas Portfolio With Wrap-up of Pandion Buy

September 30, 2026 · 8 hours ago

Vår Energi has taken over Pandion Energy’s portfolio, fortifying its presence on the Norwegian Continental Shelf (NCS).

Norwegian oil and gas player Vår Energi has brought Pandion Energy’s portfolio into its fold, boosting its stakes in assets off the coast of Norway.

Vår Energi has completed the acquisition of certain assets and licenses from Pandion Energy, strengthening its position in the Gjøa and Åsgard areas.

The transaction entails a 10% interest in the producing Nova field (PL418), a 20% interest in the Ofelia development (PL929), a 49% interest in the Sierra Solberg discovery (PL263), and a portfolio of exploration licenses in the Gjøa area.