Equinor discovers oil in Norwegian Arctic Barents Sea

Equinor and partners found up to 24 million barrels of oil near the Johan Castberg field. Norway's Offshore Directorate announced the discovery on Wednesday.

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The Equinor corporate logo is pictured in this illustrative photo from May 2022. REUTERS/Dado Ruvic/Illustration

EQUINOR ASA and its partners have announced a new oil discovery in the Arctic Barents Sea, situated within the territorial waters of Norway. The find was confirmed on Wednesday by the Norwegian Offshore Directorate, marking a significant addition to the region's energy resources.

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