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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11 Apr. 2025

Publication of the annual report for 2024

The board of directors of Pandion Energy has approved the company’s annual report for 2024, including the audited financial statements.

05 Mar. 2025

Discovery in the Mistral Prospect in the Norwegian Sea - Pandion Energy’s seventh discovery on NCS

andion Energy announces today its seventh discovery, the discovery has been made in the Mistral exploration well 6406/6-7S in production license 1119 in the southern Norwegian Sea. Pandion Energy holds a 20 percent interest in the license.

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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.