New discovery by the North Sea Troll and Fram area

Equinor has discovered oil and gas close to the Troll and Fram area. Based on preliminary estimates the size of the discovery is between 4 and 8 million standard cubic metres of recoverable oil equivalent, or 25-50 million barrels of recoverable oil equivalent.
The licence owners are Equinor (51%), DNO (29%), Idemitsu (10%) and Longboat Energy (10%).

Temporarily called Kveikje, this is the sixth discovery in this area since the autumn of 2019. Up to more than 300 million barrels of oil equivalent were proven in the five former discoveries.


Information Source: Read More

Oil and gas, press , | Energy, Climate, Renewable, Wind, Biomass, Sustainability, Oil Price, LPG, Solar, Electric,

#FOLLOW US ON INSTAGRAM