Viaro Energy was incorporated early in 2020 as a vehicle to facilitate the wider Viaro Group’s expansion into the upstream energy sector. This entry was successfully achieved in September 2020 with significant additional growth since being realised through highly value accretive acquisitions, in conjunction with strategic asset divestments. These key transactions have resulted in a signiﬁcant majority gas-weighted production base with both higher production and lower environmental impact1.
Viaro Energy, through subsidiaries, currently holds non-operating working interests in a signiﬁcant number of producing oil & gas ﬁelds within both the UK and Dutch sectors as well as equity in associated infrastructure. These holdings translate to Viaro Energy being a partner in key terminals such as the Shetland Gas Plant (UK) and the Den Helder gas plant (NL), in addition to being a material contributor to each country’s energy security. At present, Viaro Energy holds aggregated working interests in UKCS ﬁelds which provide over 9% of the total daily UK gas production on a gross basis and over 3% of the total UK daily gas production on a net basis2.
Continued investment in, and protection of, national energy security is considered by Viaro Energy to be a key component for the reduction of carbon emissions and support of future global demand. Viaro Energy is strongly positioned through it’s unique ownership structure and significant in-house technical and M&A experience to grow along the core oil & gas business supply chain as well as complimentary investments in both alternative & renewable energies/technologies.