Var Energi's Jotun FPSO reaches peak production ahead of schedule

Nick Walker, CEO of Vår Energi, stated that the achievement is an important step in delivering on the company’s production growth target for 2025.

He added that the rapid ramp-up, alongside strong performance across the company's portfolio, puts Vår Energi on track to meet its total production target of around 430,000 boepd in the fourth quarter of this year.

The new facilities in the Balder area are designed to extend production beyond 2045.