Neptune Norway's Asset Portfolio Integration
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Strengthened position and
increased longevity in the
Barents Sea
The Snøhvit field holds significant reserves...
Barents Sea 2P reserves as of year-end 20221 (mmboe)
Johan Castberg (30% WI)
Operated by Equinor
136
174
59
369
Snøhvit
(net to Neptune)
Johan Castberg
(net to Vår Energi)
Goliat
(net to Vår Energi)
Remaining reserves
in the Barents Sea
and is a strategic long-term asset
Access to and ownership in Melkøya LNG plant, the only Barents Sea gas export point
Production from the Snøhvit field expected to continue towards 2050
Complementary to potential additional gas export solution
11
1. Source: Vår Energi ASR 2022 and Neptune Group ASR 2022
Snøhvit Field (12% WI)
Operated by Equinor
Melkøya LNG plant (12% WI)
Operated by Equinor
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pipeline
Goliat (65% WI)
Operated by Vår Energi
merfest
Hammerfest
Vår Energi ownership
Neptune Norway ownershipView entire presentation