Oil and gas company Vår Energi has entered into strategic partnerships with Aker Solutions, Honeywell and StS-Isonor, according to a press release.

The trio will provide Vår Energi with modification and maintenance services related to its operations on the Norwegian Continental Shelf. The contracts are for five years with each company, with the possibility of extension.

Vår Energi is entering into the partnerships at a time when it is rapidly ramping up production.

"By the end of the year, we will increase production to around 400 thousand barrels per day, making us one of the world's fastest growing oil and gas companies," says Torger Rød, Chief Operating Officer of Vår Energi.