NEWS

Norwegian oil firm Equinor, with its partners Vår Energi, Idemitsu Petroleum, and Neptune Energy, said Wednesday it had made the biggest discovery this year offshore Norway.

Preliminary estimates place the discovery size between 12 and 19 million standard cubic meters of recoverable oil equivalent, corresponding to 75-120 million barrels of recoverable oil equivalent, Equinor said.

Exploration wells 31/2-22 S and 31/2-22 A in the Blasto prospect of production licenses 090, 090 I, and 090 E were drilled using Seadrill’s West Hercules semi-submersible drilling rig, some three kilometers southwest of the Fram field, 11 kilometers northwest of the Troll field and 120 kilometers northwest of Bergen.

Read full article.