Equinor hits jackpot with major oil discovery

The Norwegian oil giant has found the equivalent of up to 100 million barrels of oil in the North Sea, among this year's biggest discoveries for the company.
35/11-23, Echino South, has proven lucrative for Equinor and partners. Rig Deepsea Atlantic made the oil and gas discovery. | Photo: Equinor
35/11-23, Echino South, has proven lucrative for Equinor and partners. Rig Deepsea Atlantic made the oil and gas discovery. | Photo: Equinor

Somewhere between 38 and 100 million barrels of oil equivalent (boe) is what the latest oil discovery amounts to for Equinor and partners, including ExxonMobil, Idemitsu and Neptune. This corresponds to 6-16 million standard cubic meters, confirmed both Equinor and the Norwegian Petroleum Directorate on Wednesday.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Photo: Senvion

    Nordex restarts production in the US

    For subscribers

    Further reading