Browsing Tag
Jotun FPSO
5 posts
Kistos EBITDA surges to $154m as Oman acquisition doubles production scale
Kistos Holdings reported a dramatic increase in first-half EBITDA and cash generation as Norwegian production expanded and its Oman acquisitions pushed pro-forma output above 20,000 barrels of oil equivalent per day.
September 19, 2026
VAR shares: Is VÃ¥r Energi’s 11% dividend yield a signal of value or commodity risk as Q1 2026 results hit the tape?
VÃ¥r Energi (OSE: VAR) reports record Q1 2026 production of 406 kboepd, USD 1.1bn CFFO and USD 300m dividend. Read the full strategic analysis.
April 22, 2026
VÃ¥r Energi begins production from Balder X project, anchors long-term growth through Jotun FPSO
Vår Energi launches production from Balder X via the Jotun FPSO, unlocking 80kboepd and reshaping the North Sea’s future. Explore the strategic roadmap ahead.
June 24, 2025
Kistos and Vår Energi greenlight $260m Balder Phase VI to ramp up North Sea oil output
Kistos and VÃ¥r Energi sanction Balder Phase VI with $260M spend to tap 15 million barrels by 2026. Find out how the Jotun FPSO powers this expansion.
June 22, 2025
VÃ¥r Energi moves Jotun FPSO for Balder X Project production start
The Jotun floating production, storage, and offloading (FPSO) vessel has officially begun its tow-out journey from the Worley…
March 15, 2025