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Kistos Holdings acquires 10% in Ringhorne Licences

PRIVATEOct 14, 2026

Acquiring Company

Kistos Holdings PLC

Acquired Company

Vår Energi ASA

Greater LondonNorwayEnergyOil And GasEnergyOil And Gas

Description

Kistos Holdings PLC has announced the acquisition of a 10% working interest in the Ringhorne production licenses from Vår Energi ASA for $12.9 million. This addition will enhance Kistos' presence in the Balder Area and align interests for efficient field development. The acquisition is subject to regulatory approval from the Norwegian Ministry of Energy. The effective date for the transaction is set for January 1, 2026.

Company Information

Company

Kistos Holdings PLC

Location

Greater London, England, United Kingdom

About

Kistos Holdings PLC is an explorer and producer in the oil and gas sector. The company is focused on acquiring and developing energy assets in various regions. Their strategy includes diversifying production and enhancing cash flow. Kistos aims to build a resilient energy portfolio.

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Frequently asked

Who acquired Vår Energi ASA?

Vår Energi ASA was acquired by Kistos Holdings PLC, based in Greater London. The deal was reported on October 14, 2026. Kistos Holdings PLC is an explorer and producer in the oil and gas sector. The company is focused on acquiring and developing energy assets in various regions. Kistos Holdings PLC is privately held and operates in Energy.

When did Kistos Holdings PLC acquire Vår Energi ASA?

Kistos Holdings PLC's acquisition of Vår Energi ASA was reported on October 14, 2026. Kistos Holdings PLC has announced the acquisition of a 10% working interest in the Ringhorne production licenses from Vår Energi ASA for $12.9 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Vår Energi ASA do?

Vår Energi ASA is a Norwegian upstream oil and gas company. It focuses on the exploration, development, and production of oil and gas resources. The company operates primarily on the Norwegian continental shelf. It is privately held, operating in Energy, and is based in Norway.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.