Core Viewpoint - Var Energi ASA anticipates a stable oil supply-demand outlook for next year, with oil prices unlikely to fall below $60 per barrel [1][2] Group 1: Oil Market Outlook - The CEO of Var Energi, Nick Walker, believes that while there may be short-term oversupply, the supply-demand balance will gradually restore next year [1] - Industry observers, including the International Energy Agency (IEA), have predicted a significant increase in oil supply, driven by OPEC+ and non-OPEC countries, which will exceed slowing demand growth [1] - Current oil futures are on track for a third consecutive month of decline, with top traders preparing for further price drops [1] Group 2: Investment and Production - Walker noted that falling oil prices would reduce industry investment, ultimately leading to a slowdown in production growth [1] - The company has brought multiple oil fields into production this year, including the Johan Castberg and Balder X fields, which will increase its average daily production to approximately 430,000 barrels of oil equivalent in Q4 [1] - To maintain current production levels by the end of the decade, Var Energi plans to approve a total of 10 new projects by year-end, with 4 already approved, all having a breakeven point below $35 per barrel [1] Group 3: Financial Performance - Var Energi's EBIT for Q3 increased to $1.07 billion, exceeding analyst expectations [2] - The company plans to distribute a total of $1.2 billion in dividends in 2023 and 2026 [2]
瓦尔能源CEO：行业投资严重不足 明年供需趋稳油价难破60美元“支撑位”
Zhi Tong Cai Jing·2025-10-21 11:04