"Balder X" News

Balder Partners Clear Seven-Well North Sea Development Tied to Jotun FPSO

Jun 18, 2026

Partners in the Balder field, Vår Energi and Kistos Energy, have taken a final investment decision (FID) on the Balder Next New Wells project in the Norwegian North Sea, which entails a seven-well tieback to the Jotun floating production, storage and offloading vessel (FPSO)…

Ocean Installer Lands Major North Sea Contract from Vår Energi

Jun 29, 2026

Ocean Installer has been awarded a major engineering, procurement, construction and installation (EPCI) contract by Vår Energi for the Balder Next New Wells project in the North Sea.The project forms part of Vår Energi's hub development strategy in the Balder area…

Vår Energi Reshapes NCS Portfolio with Acquisitions, Swaps and Asset Sales

Jun 18, 2026

Norwegian oil and gas producer Vår Energi has agreed a series of transactions on the Norwegian Continental Shelf that will strengthen its position in core producing hubs, increase ownership in key development projects and provide greater flexibility in capital allocation…

North Sea Wildcat Well Fails to Deliver for Vår Energi

Feb 12, 2026

Norwegian oil and gas firm Vår Energi and its partner Kistos Energy have drilled a dry well in the Balder area in the North Sea.The well 25/8-C-23 D, dubbed Prince Updip, was drilled in production license 027, from the Ringhorne platform, just over 200 kilometers west of Stavanger…

Vår Energi Starts Up Another North Sea Project

Dec 17, 2025

Norwegian oil and gas firm Vår Energi has put the Balder Phase V project into production, while also completing of Åsgard Low Pressure Production Phase 3 (LPP3) scheme, bolstering its North Sea production.With the Åsgard LPP3 project start-up scheduled for December…

Norway Issues Drilling Permit for Vår Energi’s North Sea Field

Oct 24, 2025

The Norwegian Offshore Directorate (NOD) has granted Vår Energi a drilling permit for a wildcat well in the North Sea field.The permit is for wellbore 25/8-C-23 D in production license 027.Vår Energi is the operator of the license, with 90% working interest…

Equinor Scraps Offshore Electrification Plans as Costs Mount

Oct 13, 2025

Equinor has scrapped plans to cut greenhouse gas emissions by connecting several offshore platforms to Norway's onshore power grid, the company told the government on Friday, citing soaring costs.The oil and gas sector is Norway's largest source of climate emissions…

Jotun FPSO Reaches Peak Production Ahead of Schedule

Sep 10, 2025

Norwegian oil and gas company Vår Energi has informed that the Jotun floating production, storage and offloading (FPSO) unit, deployed at the Balder field in the North Sea, reached peak production ahead of schedule.The Jotun FPSO is now producing…

COSLPioneer Semi-Sub Delivers Second Well for Vår Energi at North Sea Field

Sep 05, 2025

Norwegian oil and gas firm Vår Energi has completed the drilling of second well at the Balder field in the North Sea using COSL Drilling Europe’s COSL Pioneer semi-submersible drilling rig.COSLPioneer delivered the second well, BT-4, at the Balder field for Vår Energi…

Vår Energi, Kistos Energy Greenlight Balder Phase VI Project in North Sea

Jun 18, 2025

Vår Energi and license partner Kistos Energy Norway have reached the final investment decision (FID) for the Balder Phase VI project in the Balder area, off Norway.The fast-track development will be a key contributor to sustaining long term…

Vår Energi Hits Production Milestone as Jotun FPSO Continues Ramp-Up

Aug 26, 2025

Norwegian oil and gas company Vår Energi has achieved a significant milestone by reaching a production level of 400 thousand barrels of oil equivalent per day (kboepd), ahead of schedule.The company said it is also on track to produce around 430 kboepd in the fourth quarter this year…

Vår Energi’s Digital Evolution Embodied on Jotun FPSO

Aug 11, 2025

The new deployment marks a new chapter in offshore operations, where full wireless coverage lays the foundation for real-time data processing, seamless sensor integration and smarter, safer platforms. The Jotun FPSO at the Balder Field on the…

Jotun FPSO Starts Production at Balder Field in North Sea

Jun 23, 2025

Vår Energi and Kistos Energy Norway have started production through Jotun floating production, storage and offloading (FPSO) unit at the Balder field in the North Sea.The production from Jotun FPSO marks the extension the life of the first production license…

Equinor Drills Dry Well in North Sea

Jun 26, 2025

Equinor and its partners have drilled a dry wildcat well on the Lit prospect in the North Sea.The well 25/11-30 S was drilled in production license 169, which was awarded in the 13th licensing round on the Norwegian continental shelf (NCS) in 1991…

Jotun FPSO On its Way to Balder Field in North Sea

Mar 13, 2025

Vår Energi has started the tow out of the Jotun floating production, storage and offloading vessel (FPSO) from the Worley Rosenberg yard to the Balder field, which is on schedule for production start by the end of the second quarter of 2025…

Current News

ECIT Global Launches New Suite of Safety Courses

ECIT Global Launches New Suite

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

From Fixtures to Values: Where

Hill v. Jackson Offshore and the Delegation Clause

Hill v. Jackson Offshore and t

NextFloat Floating Wind Pilot Clears Key Spanish Regulatory Hurdle

NextFloat Floating Wind Pilot

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine