Neptune Norway's Asset Portfolio Integration
Executing on M&A strategy and continuing +50 years of
value creation on the NCS
Strong heritage
ExxonMobil
Eni
Point Resources¹
vår energi
Creating a leading pure-play
E&P on the NCS
Point Resources' acquisition of
ExxonMobil's operated assets
Vår Energi created in 2018 via merger
between Point Resources and Eni Norge
Acquisition of Exxon Mobil's non-operated
assets
Realising our potential
Strengthened management and organisation
Updated growth and value creation strategy
IPO and listing
Debt refinancing and IG rating
Implementing improvement program
Material cost efficiencies
License transactions in existing hubs
Accelerating growth and
value creation
Robust portfolio
Strong gas position
High-value growth
Exploration excellence
Partner of choice
ESG leadership
High-performing organisation
vår energi NEPTUNE
ENERGY
1963-2016
2017-2020
1. Point Resources created as a three-way merger between Spike Exploration, Pure and Core Energy
2021-2023
2023-2025 and beyond...View entire presentation