Sval Energi

Oil and GasRogaland, Norway51-200 Employees

Sval Energi is a Norwegian energy company active on the Norwegian Continental Shelf, evolving from an infrastructure-focused entity to include exploration and production as well as renewables. Based in Stavanger, Rogaland, it operates as a mid-sized player in the oil and gas sector. In January 2024 it was awarded two new exploration licences on the Norwegian Continental Shelf, expanding its licence portfolio.

In November 2024 it agreed to sell its 11.8% stake in the Halten Øst Unit to Equinor. The company is pursuing carbon capture and storage initiatives, with the Trudvang project featuring a CCS workflow contract with CMG in August 2024 and a dedicated project website launched in April 2024. A 2023 collaboration with Neptune Energy on a CO2 storage licence in the Norwegian North Sea illustrates its involvement in CCS partnerships.

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