From management buyout to full-cycle oil and gas company

Pandion Energy was established in November 2016 on the basis of the operational platform and six licences acquired from Tullow Oil Norge AS in a management buy-out, backed by Kerogen Capital. Today, Pandion Energy is a full-cycle oil and gas company, participating in the discovery, appraisal, development and production of oil and gas resources on the Norwegian continental shelf (NCS).

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19 Jun. 2025

Appraisal well confirms Slagugle oil discovery

The results from the second appraisal well 6507/5-12 S at the Slagugle oil discovery in production license 891 was announced today. Preliminary assessments indicate that the discovery is within the pre-drill resource estimates. Pandion Energy holds a 20 per cent interest in PL 891.

05 Mar. 2025

Discovery in the Mistral Prospect in the Norwegian Sea - Pandion Energy’s seventh discovery on NCS

andion Energy announces today its seventh discovery, the discovery has been made in the Mistral exploration well 6406/6-7S in production license 1119 in the southern Norwegian Sea. Pandion Energy holds a 20 percent interest in the license.

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Pandion in brief

Pandion Energy is an independent, full-cycle oil and gas company driving value by maturing resources to reserves with a focus on upsides in and around proven assets with access to existing infrastructure.