Norway grants drilling permit for Vår Energis North Sea field

Norway grants drilling permit for Vår Energi's North Sea field

The Norwegian Offshore Directorate (NOD) has granted Vår Energi $VAR (+0,46 %) a drilling permit for an exploration well in the North Sea field.

The permit applies to well 25/8-C-23 D in production license 027.

Vår Energi is the operator of the license with a 90% stake, while its partner Kistos Energy (Norway) holds the remaining 10%.

The wells will be drilled via the Ringhorne platform, a combined accommodation, drilling and wellhead facility linked to the Balder FPSO for processing, crude oil storage and gas export.

The Ringhorne prospect, located nine kilometers north of the Balder FPSO, is part of the Balder field complex.

Frank@schlimmschlimm

1Sem.

I'm still looking for a good dividend stock and actually wanted to top up $HAUTO. $TRMD A I had taken profits and got out again. They have lowered the dividend so much. Do you think the dividends are guaranteed in the long term?

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S.A.U.@SAUgut777

@schlimmschlimm according to the last quarterly report, at least until 2026/2027, although they have been paying a continuous and reliable dividend for a long time.

I will continue to top up here when the time comes.

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