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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 43.78 NOK | +1.34% |
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-2.47% | +32.67% |
| Apr. 21 | Calendar Wednesday April 22 | FW |
| Apr. 21 | Norway's overall oil, gas output beats forecast in March | RE |
Business description: Var Energi

- 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: Var Energi
| 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: Var Energi
| Fiscal Period: December | 2021 (USD) | 2022 (USD) | 2023 (USD) | 2024 (USD) | 2025 (USD) |
|---|---|---|---|---|---|
EU | 5.92B | 9.46B | - | - | - |
Norway | 123M | 323M | - | - | - |
Executive Committee: Var Energi
| Manager | Title | Age | Since |
|---|---|---|---|
Nicholas Walker
CEO | Chief Executive Officer | 64 | 2023-09-04 |
Carlo Santopadre
DFI | Director of Finance/CFO | 45 | 2024-11-30 |
| Compliance Officer | 51 | 2024-03-31 | |
Tone Rognstad
CTO | Chief Tech/Sci/R&D Officer | 59 | - |
Torger Rød
CEO | Chief Executive Officer | 52 | 2021-05-31 |
Composition of the Board of Directors: Var Energi
| Director | Title | Age | Since |
|---|---|---|---|
Thorhild Widvey
CHM | Chairman | 70 | 2022-01-25 |
| Director/Board Member | 65 | 2022-01-25 | |
Francesco Gattei
BRD | Director/Board Member | 57 | 2020-09-10 |
Guido Brusco
BRD | Director/Board Member | 56 | 2021-12-09 |
| Director/Board Member | 70 | 2022-01-25 | |
Jan Inge Nesheim
BRD | Director/Board Member | 63 | 2020-03-25 |
| Director/Board Member | 60 | 2022-05-03 | |
| Director/Board Member | 48 | 2024-05-06 | |
Claudia Almadori
BRD | Director/Board Member | 47 | 2024-05-06 |
| Director/Board Member | 45 | 2024-05-06 |
Company details: Var Energi

Oil Exploration & Production - Offshore
| Change | 5d. change | 1-year change | 3-years change | Capi.($) | ||
|---|---|---|---|---|---|---|
| +1.34% | -2.47% | +50.34% | +73.39% | 11.57B | ||
| +0.19% | +0.19% | +80.03% | +57.18% | 8.32B | ||
| +2.43% | +0.96% | -0.12% | -31.93% | 2.06B | ||
| -1.38% | -0.48% | +0.62% | +86.45% | 1.99B | ||
| +3.61% | +10.34% | -27.35% | +38.86% | 2B | ||
| +1.38% | +2.21% | +151.71% | +107.14% | 1.84B | ||
| +0.09% | -10.77% | +70.26% | +376.73% | 908M | ||
| -3.73% | +0.51% | +18.69% | +112.94% | 464M | ||
| +0.66% | -5.35% | +127.82% | +23.86% | 421M | ||
| -6.45% | -3.33% | +673.33% | +246.27% | 314M | ||
| Average | -0.54% | -0.76% | +114.53% | +109.09% | 2.99B | |
| Weighted average by Cap. | +0.62% | -2.85% | +60.62% | +73.21% |
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Quarterly revenue - Rate of surprise
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