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Norway's Equinor makes gas find in Barents Sea

Norway's Equinor makes gas find in Barents Sea

Reuters10-07-2025
COPENHAGEN, July 10 (Reuters) - Norway's Equinor (EQNR.OL), opens new tab has discovered gas in the Skred prospect near the Johan Castberg field in the Barents Sea, the Norwegian Offshore Directorate said on Thursday.
Preliminary estimates indicate a discovery of between 0.3 billion and 0.5 billion standard cubic metres of recoverable gas equivalent, corresponding to between 1.9 million and 3.1 million barrels of oil equivalent, the directorate said.
The licensees will evaluate the discovery with regard to a possible tie-in to the Johan Castberg field, it added.
Equinor is the operator and owns 46.3% of the permit. Vaar Energi holds 30% and Norwegian state-owned oil firm Petoro owns the remaining 23.7%.
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The sneaky way Anthony Albanese will turn Australia into a high-taxing European nation with new super tax
The sneaky way Anthony Albanese will turn Australia into a high-taxing European nation with new super tax

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The sneaky way Anthony Albanese will turn Australia into a high-taxing European nation with new super tax

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Tesla Ordered to Buy Back Model S Plaid After Brake Failure Ruling

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Zelenskiy says Ukraine has secured funds for three Patriot systems, looking to finance seven more
Zelenskiy says Ukraine has secured funds for three Patriot systems, looking to finance seven more

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timea day ago

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Zelenskiy says Ukraine has secured funds for three Patriot systems, looking to finance seven more

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