New oil&gas discovery of Equinor in the North Sea

Equinor and partners have announced a new oil&gas discovery near the giant Troll field in the North Sea. The oil company Equinor said that the reservoir is expected to contain between 44 million and 69 million barrels of oil equivalent. The size of the discovery was “well above” expectations, junior partner DNO said without elaborating. Operator Equinor has a 40 per cent stake in the license while Petoro, DNO and Wellesley Petroleum each hold 20 per cent stakes.