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Read More 5 minute read Energy Industry News Kistos and Vår Energi greenlight $260m Balder Phase VI to ramp up North Sea oil output Kistos and Vår Energi sanction Balder Phase VI with $260M spend to tap 15 million barrels by 2026. Find out how the Jotun FPSO powers this expansion. byPallavi MadhirajuJune 22, 2025