Vår Energi
Norwegian upstream oil and gas company on the Norwegian Continental Shelf, applying additive manufacturing for on-demand spare parts and digital inventory solutions.
- CEO / Founder
- Nick Walker
- Team Size
- 1001-5000
- Stage
- Public
- Latest Round
- IPO
- Key Investors
- Eni (largest shareholder); HitecVision (via Point Resources)
Technology & Products
Key Products
Oil and gas exploration and production; digital inventory for on-demand spare parts via additive manufacturing; Fieldnode platform collaboration for digital supply chain
Technological Advantage
Equity stakes in ~50% of all producing assets on the Norwegian Continental Shelf; strong exploration track record; industry-leading ESG performance (top 15% globally per S&P Global); early adopter of AM for spare parts through Fieldnode digital inventory consortium with Equinor, Shell, TotalEnergies, ConocoPhillips
Differentiation
Value Proposition
Reliable, affordable, and sustainable oil and gas production from the Norwegian Continental Shelf, with a focus on reducing emissions and leveraging digital supply chains including additive manufacturing for spare parts.
How They Differentiate
Pure-play Norwegian Continental Shelf focus; heritage combining Eni and ExxonMobil Norwegian expertise; publicly listed on Oslo Stock Exchange (2022); active in industrializing AM for oil & gas spare parts through the 'print what's suitable' philosophy rather than printing everything
Market & Competition
Target Customers
European energy market; oil and gas operators on the Norwegian Continental Shelf
Industry Verticals
Oil & Gas; Energy
Competitors
Equinor; Aker BP; ConocoPhillips (Norway)
Growth & Milestones
Growth Metrics
2025 revenue: $8.1B; 2024 revenue: $7.4B; ~1,400 employees; net production ~288 kboepd (Q2 2025)
Major Milestones
2018: Founded via merger of Eni Norge and Point Resources; 2019: Acquired ExxonMobil's Norwegian upstream assets for $4.5B; 2022: Listed on Oslo Stock Exchange (third-largest listing by market cap at IPO); 2024: Acquired Neptune Energy Norge AS; 2025: Revenue of $8.1B; ~1,400 employees
Notable Customers
European energy market; natural gas buyers across Europe