Eni, HitecVision Sell 5% Stake in Norway’s Vaar Oil Firm

• Thursday, 9th June 2022
• by Israa Ibrahim

Eni and Norway’s HitecVision have sold a 5% stake in Norwegian oil firm Vaar Energi (VAR.OL) for $530 million, the energy giant said on Thursday, Reuters reported. Shares of Vaar fell 9% in morning trade after w...

Eni announces New Offshore Discovery in Norway

• Tuesday, 22nd June 2021
• by Fatma Ahmed

Eni has announced a new significant oil and gas discovery in production license PL027 in the Southern North Sea of Norway, after drilling three wells; wildcat Prince 25/8-20 S, King 25/8-20 B, and the appraisal side-t...

Vår Energi Announces New Oil Discovery in Norway’s North Sea 

• Thursday, 25th March 2021
• by Editorial Team

Vår Energi, a joint venture (JV) company between Eni (69.85%) and HitecVision (30.15%), has made a new significant oil discovery in the offshore Norway ,in the northern North Sea, by drilling the exploration well 31/2...