Vår Energi Spending US$15 billion in Norwegian North Sea

December 31, 2025--Written by Martin Lynch for IIR News (Galway, Ireland, Texas)--Leading independent oil and gas developer, Vår Energi (Stavanger, Norway), plans to spend roughly US$15 billion in the coming years on 20 projects in the Norwegian North Sea and Barents Sea. The company said that the investment will add 350,000-400,000 barrels of oil equivalent per day (BOE/d) through 2030 and beyond.