Var Energi warns of production drop after ‘operational issues’
Var Energi (OSLO: VAR) has warned of a production drop and a $260 million exchange rate hit in its upcoming Q3 results.
Point Resources
Newcomer makes a splash with appraisal victory in Barents
Var Energi today hailed its success with the Goliat West appraisal well in the Barents Sea.
New player on the scene in Norway after Point, Eni merger
Var Energi officially launched in Stavanger yesterday following a merger between Point Resources and the Norwegian branch of Italian oil firm Eni.
CHC wins three-year contract extension with Point Resources
Helicopter operator CHC has won a three-year contract extension with Point Resources for transporting workers to several fields in the Norwegian North Sea.
Aker Solutions doubles its orders in Q3 as market recovery picks up pace
Aker Solutions took in twice as many orders in the third quarter of 2018 compared to the same period last year amid "increasing signs of a market recovery".
Dropped pipe risked lives on Jotun B platform, PSA says
A dropped pipe on a Norwegian oil platform could have killed two or more workers earlier this year, an offshore safety body has said.
Eni swoops for Point Resources to form new Norwegian player
The Norwegian subsidiary of Italian energy firm Eni has taken over Point Resources and formed a company called Var Energi.
KCA Deutag secures North Sea drilling contract extension
Aberdeen-headquartered KCA Deutag (KCAD) has secured an extension to its drilling contract with Point Resources in Norway.
Norwegian firm win software and service for well development contract
AGR Software has announced a contract win with Point Resources to provide offshore well time and cost estimations and cross-reference analytics software.
OGA UK-Norway hackathon series to begin this week
The Oil and Gas Authority (OGA) has said that cross-border technology hackathons between the UK and Norway will take place this month.
Point Resources acquire ExxonMobil’s Norway business
HitecVision and its majority owned portfolio firm Point Resources are to acquire American supermajor ExxonMobil's upstream business in Norway.