Equinor and partners, Total E&P Norge AS and Var Energi AS, discovered up to 4.2 million standard cubic meters of recoverable oil equivalent in the Norwegian Sea, Equinor announced in a statement on Wednesday.
According to the statement, the oil and gas discovery, located in a new segment of the offshore Tyrihans field, has recoverable resources of between 19 and 26 million barrels of oil equivalent.
The Tyrihans field is located in the middle of the Norwegian Sea, some 25 kilometers southeast of the Asgard field and 220 kilometers northwest of Trondheim.
'The licensees consider the discovery commercial and intend to start production immediately,' the statement read.
By Gulsen Cagatay