Norwegian Equinor Makes Oil and Gas Discovery in North Sea

Energy group Equinor ASA has made an oil and gas discovery close to the Troll and Fram fields in the North Sea. Based on preliminary estimates, the size of the discovery is between 4 million and 8 million standard cubic meters of recoverable oil equivalent, or 25 million-50 million barrels of recoverable oil equivalent. This is the sixth discovery in this area since the fall of 2019. Equinor plans to drill another exploration well in the area this year, the company said.