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01 Jul 25 |
Norway: Equinor and its partners are investing NOK 13 billion in the third phase of Johan Sverdrup Equinor and its partners are investing NOK 13 billion in the third phase of Johan Sverdrup, one of the world’s most carbon-efficient oil fields. New subsea infrastructure will increase recovery by 40–50 million barrels of oil equivalent (boe). |
30 Jun 25 |
Norway: Equinor announces oil discovery in the Johan Castberg area in the Barents Sea Equinor has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea. The well was drilled in the Drivis structure on the Johan Castberg field in the Barents Sea. According to preliminary estimates the size of the discovery is 9-15 million barrels of oil. |
30 Jun 25 |
Norway: Ormen Lange phase III starts production, adding important gas volumes to Europe Ormen Lange, operated by Shell, has started subsea compression to boost production from the gas field, ahead of plan and below budget. The project is an important contributor to reaching Vår Energi’s target of producing more than 400 thousand barrels of oil equivalent per day in fourth quarter this year. |
