Vår Energi AS engages in the exploration and production of petroleum in Norway. The company operates four fields on the Norwegian continental shelf (NCS), located in the Barents Sea, the Norwegian Sea and the North Sea. The Company’s aim is exploration, development and production of hydrocarbons. Var Energi is engaged in large-scale national projects aiming to develop and demonstrate greenhouse gas (GHG) emission reduction capabilities The Company holds ownership interests in more than 30 partner-operated fields.