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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27 Mar. 2026

Publication of the 2025 financial statements and the directors’ report

The board of directors of Pandion Energy has approved the company’s audited financial statements for 2025.

13 Jan. 2026

Pandion Energy awarded new acreage in the 2025 APA licensing round

Pandion Energy has been awarded license PL 1288 S in the 2025 Norwegian APA (Awards in Predefined Areas) Licensing Round on the Norwegian Continental Shelf.

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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.