# Vår Energi

> Norwegian oil and gas company

**Wikidata**: [Q104177614](https://www.wikidata.org/wiki/Q104177614)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Vår_Energi)  
**Source**: https://4ort.xyz/entity/var-energi

## Summary
Vår Energi is a Norwegian oil and gas company that operates as a public company on the Oslo Stock Exchange. It was established in December 2018 and is primarily engaged in the exploration, development, and production of petroleum resources. The company is majority-owned by Eni, an Italian multinational oil and gas corporation.

## Key Facts
- Founded in December 2018.
- Headquartered in Sandnes Municipality, Norway.
- Operates within the petroleum industry.
- Publicly traded on the Oslo Stock Exchange under the ticker symbol VAR.
- Legal forms include "aksjeselskap" until 2022 and currently "allmennaksjeselskap".
- Majority owned by Eni with a 69.6% stake.
- Produces oil and natural gas.
- Operates in Norwegian and English languages.
- Has an ISIN code of NO0011202772.
- Registered with the Norwegian organization number 919160675.
- Legal Entity Identifier (LEI): 549300LIVN3FFOJN2K47.
- Formerly known as Vår Energi AS, Var Energi, Eni Norge, and Point Resources.
- Available on Google Play under the store ID "Vår_Energi".
- Listed on Wikipedia in German, English, and Norwegian editions.
- Revenue reported at $2.75 billion USD in 2019.
- Parent company Eni reference date for ownership stake: November 14, 2025.
- Official website: https://varenergi.no/, available in Norwegian and English.
- Instagram handle: varenergi.
- Crunchbase organization ID: vår-energi.
- OpenCorporates ID: no/919160675.
- Instance of: business, public company.

## FAQs
**What is Vår Energi?**
Vår Energi is a Norwegian oil and gas company that became a public company in December 2018. It focuses on petroleum exploration, development, and production.

**Where is Vår Energi based?**
The company is headquartered in Sandnes Municipality, Norway.

**Is Vår Energi publicly traded?**
Yes, it is listed on the Oslo Stock Exchange with the ticker symbol VAR.

**Who owns Vår Energi?**
It is majority-owned by Eni, which holds a 69.6% stake as of November 14, 2025.

**What products does Vår Energi produce?**
The company produces oil and natural gas.

**In what languages does Vår Energi operate?**
Its operations and communications are conducted in both Norwegian and English.

**What is the legal structure of Vår Energi?**
It was initially structured as an "aksjeselskap" until 2022 and is now a "allmennaksjeselskap", the latter being its preferred legal form.

**When was Vår Energi founded?**
The company was established in December 2018.

**What is Vår Energi's revenue?**
In 2019, the company reported revenue of $2.75 billion USD.

**Does Vår Energi have a mobile app?**
Yes, it has a presence on Google Play under the store ID "Vår_Energi".

**What are the aliases or former names of Vår Energi?**
It has been known as Vår Energi AS, Var Energi, Eni Norge, and Point Resources.

**Where can I find more information about Vår Energi?**
Further details can be found on its official website at https://varenergi.no/, which is available in both Norwegian and English.

## Why It Matters
Vår Energi plays a significant role in Norway's energy sector, contributing to the country's position as a major exporter of oil and gas. As a public company, it allows broader investment participation and transparency in its operations. Its activities support national economic growth through resource extraction, job creation, and tax contributions. Being majority-owned by Eni, a global player in the energy market, it also represents international collaboration in the petroleum industry.

## Notable For
- Being a key player in Norway’s oil and gas sector.
- Having a substantial presence on the Oslo Stock Exchange.
- Being majority-owned by Eni, highlighting cross-border corporate integration.
- Operating under multiple historical names including Eni Norge and Point Resources.
- Maintaining a bilingual digital presence in Norwegian and English.
- Reporting significant revenue figures ($2.75 billion in 2019).
- Transitioning its legal form from "aksjeselskap" to "allmennaksjeselskap" in 2022.

## Body

### History and Formation
Vår Energi was formed in December 2018 as part of a strategic reorganization involving Eni's Norwegian assets. It consolidated several entities previously operating under different names such as Eni Norge and Point Resources. This restructuring aimed to streamline operations and enhance efficiency in Norway's competitive oil and gas landscape.

### Corporate Structure and Ownership
The company operates as a public company, allowing shares to be traded on the Oslo Stock Exchange. Eni holds a controlling interest of 69.6%, making it the majority shareholder. The company transitioned legally from an "aksjeselskap" to an "allmennaksjeselskap" in 2022, reflecting changes in its operational framework and governance.

### Industry and Operations
Vår Energi is deeply embedded in the petroleum industry, focusing on upstream activities including exploration, development, and production of oil and natural gas. These operations are critical to meeting domestic energy needs and supporting export revenues for Norway.

### Financial Performance and Market Presence
In 2019, the company reported revenue of $2.75 billion USD, demonstrating its financial strength and market relevance. Its listing on the Oslo Stock Exchange under the ticker symbol VAR provides investors with access to one of Norway’s prominent energy firms.

### Digital and Media Presence
The company maintains a strong online presence with a bilingual website (Norwegian and English) and a dedicated mobile application available on Google Play. Its social media engagement includes an active Instagram account under the handle "varenergi".

### Regulatory and Identification Details
Vår Energi is registered with the Norwegian organization number 919160675 and has a Legal Entity Identifier (LEI) of 549300LIVN3FFOJN2K47. It is also listed in various international databases including OpenCorporates and Crunchbase, enhancing its visibility and credibility in global markets.

### Legal and Governance Framework
The company's governance structure aligns with Norwegian corporate laws, particularly as an "allmennaksjeselskap", which imposes specific regulatory requirements regarding transparency and shareholder rights. This legal status underscores its commitment to public accountability and investor trust.

### Brand Identity and Recognition
Vår Energi uses a distinctive logo, which is accessible via Wikimedia Commons. The company is recognized under multiple aliases and has entries across various language versions of Wikipedia, indicating its international recognition and operational scope.

### Strategic Positioning and Future Outlook
As part of Eni's broader strategy, Vår Energi benefits from technological and financial backing, positioning it strongly within the evolving energy sector. Its continued focus on sustainable practices and innovation ensures relevance in a transitioning global energy market.

## References

1. [About us](https://varenergi.no/en/about-us/)
2. [Source](https://www.dnb.com/business-directory/company-profiles.V%C3%A5r_Energi_AS.6a17aee5a1d975c80e7bd0d097b5a870.html)