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Vår Energi AS is an oil and gas exploration and production company based in Norway. The company focuses on extracting hydrocarbons from the Norwegian Continental Shelf, an area known for its significant oil and gas resources. Vår Energi operates across various fields, with a portfolio comprising both development projects and production activities. Formed in 2018 through the merger of Eni Norge AS and Point Resources AS, it benefits from its strategic location and advanced technology in safe and efficient operations. Headquartered in Sandnes, Norway, Vår Energi leverages its robust operational expertise to maintain a strong presence in the North Sea, Norwegian Sea, and Barents Sea.

Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day. At end-2023, reserves stood at 9.6 billion barrels of oil equivalent, 49% of which, consisted of liquids. Its production and reserves are in Europe, Asia, Oceania, Africa, and North and South America. The company operates refineries with capacity of 1.6 mmb/d located in the Americas, Asia, Africa, and Europe and sells about 12 million tons per year of chemicals. Its largest chemical plants, often integrated with its local refineries, are in Central Europe, China, Singapore, and North America.