About

Pandion in brief

Pandion Energy is an independent, 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). Pandion Energy was established in November 2016 on the basis of the operational platform and licences acquired from Tullow Oil Norge AS.

Pandion Energy’s strategy is to be an active and responsible non-operator partner driving value in high-quality assets, based on a full-cycle investment mandate.

The company is backed by Kerogen Capital, an independent private equity fund manager specialising in the international energy sector. The company has a team of highly experienced oil and gas professionals with strong and proven subsurface, financial, and commercial competence, as well as extensive project execution experience on the NCS. Pandion Energy is headquartered in Oslo, Norway.

Our business model

The company’s business model includes participating in the discovery, appraisal, development and production of oil and gas resources on the NCS, targeting upsides in and around proven assets with access to existing infrastructure.

Pandion Energy seeks attractive growth opportunities through mergers and acquisitions, farm-ins and participation in licensing rounds, and devotes continuous attention to the development of the opportunities in its existing portfolio.

Our ability to create long-term, lasting value rests on maintaining high standards of governance, sustainable business practices and operations.

As an integral part of this, we strongly believe that sound business decisions are a product of a strong team, an active board and a competent owner.