Equinor Finds New Gas in North Sea

Equinor announced a new gas discovery at the Gullfaks South field in the North Sea. The find contains up to 10.3 million barrels of oil equivalent, helping maintain future production.

Insights:
The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner

Equinor made a new gas discovery in the North Sea off the coast of Norway, yielding up to 10.3 million barrels of oil equivalent. The find bolsters domestic reserves in a mature offshore basin. The additional output will help maintain production levels at the existing infrastructure.

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