Norwegian oil company Vaar Energi ​on Wednesday reported a lower-than-expected operating ‌profit for the first quarter, while maintaining its dividend and capital spending guidance.

Vaar Energi, a subsidiary of Italy’s Eni, announced on Wednesday plans to increase crude production from its Arctic Goliat ...

Norway's Vaar Energi, majority owned by Eni, said on Monday its Balder X development faces additional cost of $1.2 billion and that petroleum output will be delayed until the third quarter of 2024 ...

Norwegian independent Vaar Energi has secured partnerships with three leading offshore contractors for subsea production equipment deliveries "in preparation for record high activity levels on the ...