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).

26 Apr. 2024

Publication of the combined annual report for 2023

The board of directors of Pandion Energy has approved the company’s combined annual report for 2023, including the audited financial statements for 2023 and the sustainability section.

12 Dec. 2023

Successful appraisal well and new gas discovery in the Gjøa area

The results from the Ofelia appraisal well in PL 929 was announced today confirming volumes within the expected range of recoverable reserves. In addition, a new gas discovery was made in the Kyrre formation.


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.