Vår Energi's corporate heritage spans over six decades of continuous activity on the Norwegian Continental Shelf, tracing back to early petroleum licenses issued in 1965. The modern enterprise was officially formed in 2018 through the strategic merger of Eni Norge AS and Point Resources AS, followed by major asset acquisitions including ExxonMobil's Norwegian upstream portfolio. In February 2022, the company completed a landmark initial public offering on the Oslo Stock Exchange, establishing its current status.