By Dominic Chopping


Var Energi entered a long-term strategic partnership with Aker Solutions, Honeywell, and StS-ISONOR for the delivery of modification and maintenance services at its operations on the Norwegian continental shelf.

The Norwegian oil and gas company said Wednesday that the partnership aims to create value through joint project planning, safe and efficient execution, strong collaboration and common goals.

Financial terms weren't disclosed, but the deal has a duration of five years with the option to extend.

Var Energi has around 200 licenses and 40 producing fields on the Norwegian continental shelf.


Write to Dominic Chopping at dominic.chopping@wsj.com


(END) Dow Jones Newswires

01-22-25 0900ET