Opened ahead of the 2012–13 season, the arena has a capacity for 4,500 spectators during ice hockey matches and 6,000 during concerts, including 36 executive boxes.

The 16,500 square meters (178,000 sq ft) building is designed by Arkitektkontoret Jobb and is named for DNB, a Norwegian banking group.

Plans for a new venue to replace the aging Stavanger Ishall were first articulated by club-owner Tore Christiansen in 2006.

The venue is owned by the Oilers' investment company, which receives a combined 9 million per year from DNB and the municipality.

[3] However, construction start was delayed after a disagreement arose between the municipality and the arena company regarding the use of commercial areas.

[1] The area has a capacity for 4,500 spectators during ice hockey matches and 6,000 during concerts, including 36 executive boxes.

[12] The structure has a floor area of 16,500 square meters (178,000 sq ft) and was designed by Arkitektkontoret Jobb.

[16] The venue is scheduled to host Group A of the 2013 IIHF Women's World Championship Division I between 7 and 14 April.