
Kistos agrees $12.9m Ringhorne licence deal with Vår Energi
The transaction covers PL 169E, PL 956 and PL 956B and is expected to add 4.3 million boe net of combined 2P reserves and 2C resources, with the 2C volumes expected on stream in 2029.

The transaction covers PL 169E, PL 956 and PL 956B and is expected to add 4.3 million boe net of combined 2P reserves and 2C resources, with the 2C volumes expected on stream in 2029.

Ocean Installer has secured a NOK 1–2 billion contract from Vår Energi for the Balder Next development, covering project management, engineering, and flexible product supply, with offshore work scheduled for 2027–2028.
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