Company Vår Energi AS OTC Markets
Stocks
VARR.Y
US92212W1009
Oil & Gas Exploration and Production
Business description: Vår Energi AS
- 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: Vår Energi AS
| 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 |
Geographical breakdown of sales: Vår Energi AS
| Fiscal Period: December | 2021 (USD) | 2022 (USD) | 2023 (USD) | 2024 (USD) | 2025 (USD) |
|---|---|---|---|---|---|
EU | 5.92B | 9.46B | - | - | - |
Norway | 123M | 323M | - | - | - |
Executive Committee: Vår Energi AS
| Manager | Title | Age | Since |
|---|---|---|---|
Nicholas Walker
CEO | Chief Executive Officer | 64 | 05/09/2023 |
Carlo Santopadre
DFI | Director of Finance/CFO | 45 | 01/12/2024 |
| Compliance Officer | 51 | 01/04/2024 | |
Tone Rognstad
CTO | Chief Tech/Sci/R&D Officer | 59 | - |
Torger Rød
CEO | Chief Executive Officer | 52 | 01/06/2021 |
Composition of the Board of Directors: Vår Energi AS
| Director | Title | Age | Since |
|---|---|---|---|
Thorhild Widvey
CHM | Chairman | 70 | 26/01/2022 |
| Director/Board Member | 65 | 26/01/2022 | |
Francesco Gattei
BRD | Director/Board Member | 57 | 11/09/2020 |
Guido Brusco
BRD | Director/Board Member | 56 | 10/12/2021 |
| Director/Board Member | 70 | 26/01/2022 | |
Jan Inge Nesheim
BRD | Director/Board Member | 63 | 26/03/2020 |
| Director/Board Member | 60 | 04/05/2022 | |
| Director/Board Member | 48 | 07/05/2024 | |
Claudia Almadori
BRD | Director/Board Member | 47 | 07/05/2024 |
| Director/Board Member | 45 | 07/05/2024 |
Company details: Vår Energi AS
Oil Exploration & Production - Offshore
| Change | 5-day change | 1-year change | 3-year change | Capi.($) | ||
|---|---|---|---|---|---|---|
 | -3.04% | -2.73% | +83.06% | +87.60% | 9.69B | |
| -2.02% | +10.47% | -10.20% | -27.18% | 2.04B | |
| -3.06% | -2.11% | -13.55% | +39.94% | 1.71B | |
| -0.92% | +22.67% | +69.31% | +66.35% | 1.48B | |
| -2.88% | +6.13% | +42.35% | +451.77% | 940M | |
| +1.07% | +8.28% | -83.55% | -54.32% | 903M | |
| +0.41% | +2.67% | -18.15% | +80.68% | 396M | |
| -4.79% | +5.46% | +90.53% | -8.80% | 385M | |
| +0.86% | +10.38% | +631.25% | +408.70% | 291M | |
| Average | -1.61% | +6.62% | +87.89% | +116.08% | 1.98B | |
| Weighted average by Cap. | -2.52% | +4.90% | +58.26% | +83.15% |
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