Viaro Energy has built an extensive portfolio in the North Sea, with mostly non-operated interests in over 30 assets across the UK Central, Southern and Northern North Sea, the West of Shetland, and the Netherlands.
Our strategy consists of targeted acquisitions, organic growth, life-extension initiatives to support full economic recovery of mature assets, and asset divestments.
Since the 2020 acquisition of RockRose Energy, Viaro Energy acquired 16 non-operated gas interests in the UK from SSE E&P UK Limited in 2021, the Dutch portfolio of Hague and London Oil (HALO) BV in 2021, the Spark Exploration UK assets in the West of Shetlands in 2023, and a non-operated interest in EnQuest’s Bressay oil field and the EnQuest Producer floating production, storage and offloading vessel (FPSO) in the UKCS Northern North Sea.
Viaro Energy also signed a farm-in agreement with Hartshead Resources Ltd. in 2023, for a 60% working interest in a Southern North Sea development and operatorship of the licence. In 2024, Viaro obtained a 100% working interest in a West of Shetland license including the Tuck gas discovery and the Boulmer prospect, along with several other leads and prospects in the area.
We seek to ensure that we are supporting the most viable sources in the basin in order to secure a stable supply of local energy. With output up to 30,000 boepd per year, we have a medium-term production target of 100,000 boepd.
2017
RockRose Energy acquisition of asset interests from Egerton Energy Ventures, Sojitz Energy and Idemitsu.
2018
RockRose Energy acquisition of non-operated production assets from the Dyas Group.
2020
Viaro Energy acquisition of RockRose Energy’s entire share capital.
2021
Viaro Energy acquisition of HALO Dutch portfolio and SSE E&P producing gas assets.
2023
Viaro Energy acquisition of Spark Exploration UK’s 100% share capital.
2023
Viaro Energy farm-in agreement with Hartshead Resources Ltd. for the acquisition of 60% interest in and operatorship of its Southern North Sea developments.
2023
Viaro Energy acquisition of 15% stake in EnQuest-operated Bressay field and the EnQuest Producer FPSO vessel.
2024
Viaro Energy acquisition of 100% interest in West of Shetland license that includes Tuck gas discovery and the Boulmer prospect, along with other prospects and leads.
RockRose Energy acquisition of asset interests from Egerton Energy Ventures, Sojitz Energy and Idemitsu.
2017
2017
RockRose Energy acquisition of non-operated production assets from the Dyas Group.
2018
2018
2017
2017
2017
Viaro Energy acquisition of RockRose Energy’s entire share capital.
2020
Viaro Energy acquisition of HALO Dutch portfolio and SSE E&P producing gas assets.
2021
Viaro Energy acquisition of Spark Exploration UK’s 100% share capital.
2023
Viaro Energy farm-in agreement with Hartshead Resources Ltd. for the acquisition of 60% interest in and operatorship of its Southern North Sea developments.
2023
Viaro Energy acquisition of 15% stake in EnQuest-operated Bressay field and the EnQuest Producer FPSO vessel.
2023
Viaro Energy acquisition of 100% interest in West of Shetland license that includes Tuck gas discovery and the Boulmer prospect, along with other prospects and leads.
2024
Learn More About Our Operations...
Learn More about our Operations
Learn More about our Operations
ABOUT OUR ESG GOALS
Our business strategy and internal policies are informed by the UN’s Sustainable Development Goals and the NSTA corporate governance principles. We are proud to commit to materially contributing to Net Zero by 2050, in line with the North Sea Transition Deal and the 2015 Paris Agreement.