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Norwegian oil company close to public offering

Vår Energi, which is one of Norway's largest oil companies, has concluded that the currently favorable oil and gas prices create the optimal conditions for a stock exchange debut.

Photo: PR / Vår Energi
by MATHIAS JULIUS FALKENGAARD, translated by catherine brett

Norwegian oil and gas company Vår Energi announced on Monday morning that the company is close to becoming listed on the Oslo stock exchange.

The company is one of the must influential players in the Norwegian sector, and once the upcoming merger with Aker BP and Lundin is complete, Vår Energi will be the third-largest oil company on the Norwegian continental shelf.

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